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To: Bob Kim who wrote (3980)	9/15/1999 3:34:00 PM
From: JakeStraw	Respond to of 10027

Remember sometimes it's better if the analysts have lower expectations...

To: Bob Kim who wrote (3980)	9/15/1999 4:53:00 PM
From: Herschel Rubin	Read Replies (2) \| Respond to of 10027

So far, BBRS, Jefferies, and ML have moved or announced moves in that direction. Bob, when you say "so far," do you mean yesterday & today, or over the past few weeks? Any word about KP's Merrill presentation today? ---- It is interesting to note that both the DOW and NASDAQ tanked in the last half-hour of trading (DOW dropped about 100 points, NASDAQ dropped about 45 points from 3:30 to 4:00 pm). During that time, NITE only eased off to $30 5/8, but didn't break substantially to new lows like the market averages did. This would suggest NITE has support at this $30+ range. NITE's revisiting $30 also represents the 4th time it has hit this price level, so instead of a triple bottom, looks like we're forming a quadruple bottom consolidation pattern. The more we stay at this level, the more solid support develops here.

To: Bob Kim who wrote (3980)	9/15/1999 6:11:00 PM
From: Herschel Rubin	Read Replies (2) \| Respond to of 10027

A different perspective from Yahoo re: Q3 earnings estimates when compared to Q1's $0.34 earnings relative to lower trade volume: messages.yahoo.com Research facts from OTC & NASDAQ....... by: raa_vango 84046 of 84069 NITEs EPS estimate at 31 cents for this quarter is less than the first quarter EPS of 34. NITE executed about 3.5 Billion shares on OTC in the first quarter. NITE is on pace to make 5.5 Billion shares on OTC in the 3rd quarter. That is 60% increase in shares. Come Nasdaq, NITE in the first quarter had about 4.5 Billion shares executed on Nasdaq. NITE is on pace to execute 6.5 Billion shares in the 3rd quarter. That is a 45% increase. Total transaction volume in the first quarter is 8 Billion shares. Total transaction volume in the third quarter is 12 Billion shares. That is a 50% increase in shares executed. First quarter EPS was 34 cents/share. Add a 50%, well little too much haa, let us say 30% i.e., 10 cents. That should give NITE a good 44 cents/share for the quarter. Any questions or comments, first check the otcbb and the nasdaq trade volume reports. VANGO. ______________________________________________- BTW, Bob Kim, No need to answer my question about timing of analyst estimate changes. I saw them on Bloomberg.