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

To: Joseph Silent who wrote (3274)	8/9/1999 11:54:00 AM
From: Sir Francis Drake	Respond to of 10027

Joseph, I wish I could report great things - but there is tremendous selling going on, big blocks flying. This is the followup from Friday - the kind of action I don't like. A lot of it is trading through ISLD, but the volume is high, and the price is down. I am not expecting great things until the market stabilizes. The selling in NITE must exhaust itself at some point. I fully expect to see NITE significantly higher this week - over 40, perhaps 45 or more (in a positive market). If this does not happen, I will be very concerned, because it will mean that something is going on with NITE that is more than sector weakness. It will mean that there is some bad news leaking about NITE that will only become evident in time. Morgan