Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Joseph Silent who wrote (3446)	8/12/1999 8:17:00 AM
From: learnstocks	Read Replies (1) \| Respond to of 10027

While you make an interesting point about the 400K shares in relation to 5.5M shares trading on 7/22, IMHO it is about management credibility in also protecting retail investors. Do many posters on here believe that retail investors are a big part of NITE shareholders? If so, the retail segment may have been more adversely affected by a lack of forthrightness in communicating in a timely manner the cancellation of the buyback. It is not the amount of shares being bought back in relation to the number trading on a specific day, it is management's credibility with shareholders. Morgan is right IMHO.