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

To: blankmind who wrote (3848)	9/9/1999 12:11:00 AM
From: puborectalis	Read Replies (1) \| Respond to of 10027

Sold my position today...plan to buy back at lower price.

To: blankmind who wrote (3848)	9/9/1999 12:14:00 AM
From: Gary Korn	Respond to of 10027

I would not be surprised if nite at some point offers a token dividend to attract long term holders of its stock. blank, I too had thought of this possibility. The company seems to have more cash than it can reasonably spend. Another item from the article, one that I particularly liked, was how cheap KP is, particularly vis-a-vis company digs. Lastly, I rather like owning a piece of a trading company (i.e., one that, beyond being a market maker, also trades for profits). It must be the reformed, former, day trader in me. Really lastly, one thing that the Fortune article didn't mention was the impact of decimalization. By narrowing spreads, it will drive still more marginal players out of the market making business, abandoning additional market share to NITE. Gary Korn

To: blankmind who wrote (3848)	9/9/1999 12:18:00 AM
From: Herschel Rubin	Read Replies (1) \| Respond to of 10027

Miscellaneous comments: That Fortune Magazine article was definitely a good read. Pasternak is tough, indeed! He's one of those guys who: "when life hands you a lemon, he'll make lemonade" It seems like Fortune is doing what other magazines do by releasing their web version of their magazine substantially ahead of their hardcopy version. However, other hardcopy issues of magazines do arrive quite early - for example, my "October" issue of Individual Investor arrived today, about 3 weeks ahead of time. So maybe Fortune is mailed out to subscribers today. At any rate, the impact of the article and increased awareness of NITE should hit the street tomorrow. Other interesting notes from this evening's WSJ summary of the markets: "There is speculation Intel will announce that third-quarter earnings are expected to be above current analysts' estimates. If so, it will likely be soon since the company enters its "quiet period" Monday ahead of reporting earnings Oct. 12. An Intel spokesman declined to comment. " That means on Thursday or Friday, Intel could ignite a substantial tech rally that could spill over to the Internets and the OLB's. These positive pre-announcements by Intel have been excellent market movers in the past.