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To: Bob Kim who wrote (3409)8/11/1999 2:08:00 PM
From: Sir Francis Drake  Read Replies (2) | Respond to of 10027
 
Program trading just hit the street <eom>.

Morgan



To: Bob Kim who wrote (3409)8/11/1999 3:40:00 PM
From: Bob Kim  Respond to of 10027
 
Re: Jeffries $64 target. The new target reflects the sell-off in the e-brokers on which the target is derived. Therefore a rebound in the e-brokers might suggest a higher target for NITE down the road. The Jefferies analyst did express some caution about 3Q trading volumes and the potential risk to 3Q earnings, but she did say she thought NITE could meet or beat her estimates through the remainder of the year.


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