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

To: Herschel Rubin who wrote (3600)	8/21/1999 10:49:00 AM
From: Gary Korn	Read Replies (1) \| Respond to of 10027

The following is from NITE's 10Q: Knight was ranked first in AutEx's Nasdaq/OTC Securities rankings, with a 17.49% market share during June 1999. In contrast, NITE's web-page shows a July market share of 17.19%. knight-sec.com Therefore, consistent with what I had posted yesterday, NITE has only "maintained" market share, there has been no increase to date in the 3Q. Given the 28% decline in OTC volumes from 2Q to 3Q, I continue to expect downward earnings revisions from analysts after August is concluded. I'm still long NITE, and will hold through the rumblings that these revisisions create. That is because the year-over-year numbers suggest growth will continue, notwithstanding the 3Q seasonality (about which NITE warned in the 10Q)(The Company has experienced, and may experience in the future, significant seasonality in its business). biz.yahoo.com Gary Korn