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To: Madharry who wrote (3724)9/1/1999 4:33:00 PM
From: avanti77  Respond to of 10027
 
<It's comforting to know that I am not the only person in the world who thinks nite is ridiculously undervalued.>

I rarely post, but I had to echo that sentiment. I never thought NITE would go this low, and have been adding to my higher priced shares for the last month, including today. I think when the summer season officially ends with Labor Day, we'll see some of the smart money moving back into NITE. Who would've ever guessed they beat earnings by 8 cents this quarter! Very little downside at these prices.

Best to all longs - the worst is over!



To: Madharry who wrote (3724)9/1/1999 5:31:00 PM
From: Thomas Haegin  Read Replies (1) | Respond to of 10027
 
Armin, Thread,
<< It's comforting to know that I am not the only person in the world who thinks nite is ridiculously undervalued. >>

Count me in also :-) I bought in July at $50 and added recently at $34+, definitely willing to buy still more on further declines... 20 times EPS for '99 is really getting ridiculously cheap, IMO. Besides, if anything daily market volatility is ever **increasing**, playing into the hands of market makers in general, but I'm sure you know that :-)

A bit off-topic, LAB came out on the NYSE recently, might be worth further investigation. I have no position though, I'm content with NITE and the recent news surrounding it.

Good luck to all,
Thomas