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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Kaliico who wrote (12204)9/14/1999 8:27:00 AM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
Kaliico, CNBC buys 12.4% Archepelago. . Reuters owns Instanet. . what's next?

[tongue-in-cheek]
Leading Market Maker Buys Leading Financial Media Company

Knight/Trimark Group, Inc JERSETY CITY, NJ [Nonsense Wire] Market Makers Knight/Trimark [Nasdaq: NITE] have announced they have taken a controlling equity interest in Bloomberg Media, Inc. Analysts say the deal is expected to add tremendous value to Knight, since Bloomberg's vast newsmedia network will be focused on coverage of the issues held long or short by Knight/Trimark. Bloomberg principals were unavailable for comment. "Bloomberg has a powerful influence on unsuspecting viewers," said a Knight Market Maker vacationing in Tahiti, that chose to remain anonymous. Bloomberg's primary focus will be altered somewhat to coax investors to dump or load up on shares, contrary to Knight's position. This would add greatly to the revenue stream of America's biggest Market Maker. The stock price of NITE had the largest gap up in the history of the Nasdaq, from $35 to $875 per share.