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Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Chi-X who wrote (2851)	7/28/1999 11:34:00 AM
From: Joseph F. Hubel	Respond to of 10027

I don't think NITE is just sitting on the sidelines. I have not seen much written regarding NITE's entry into the ECN arena in the form of E-Knight. Also we should take heart in knowing NITE is not the only stock to take it on the chin recently. Look at AOL, currently at $96 1/2 down from $175+. I remember a couple years back when many thought AOL would be put out to pasture by the new up and coming ISPs. It was then trading in the $14 area, subsequently climbing to it's recent highs with a few splits along the way. Now they are under pressure from free computers with an ISP sign up and are taking a needless beating as is NITE. AOL will prosper and so too will NITE. There are always a lot of uncertainties that crop up after a stock makes a celestial climb and then takes the inevitable drop. I've posted before that these drops are healthy, albeit painful and form a basis for new price appreciation. All the postulating on the whys and wherfores will not change a that. JFH