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

To: Gary Korn who wrote (3986)	9/15/1999 5:07:00 PM
From: gbh	Respond to of 10027

Gary, MLCO was again, a voracious seller of the stock. I think when this ends, the stock will lift some. The Rob'em & Steals'em EPS cut today was down to .31 for the quarter. This is quite a bit below the current consensus, and may be the lowest of the range. Do you think they were guided this low? If so, we could be in for a second round of cuts from the guys who have already cut. This would not be good. Technically, its easy to see that 30 is a key support level on a closing basis. It wasn't fun today to watch on Level 2 as 30 1/2 support, with a dozen MMs, most with huge size, were washed out in the blink of an eye. It looked like 30 was on the way. On the bright side, the stock did hold over this level. But its obviously teetering here. Finally, what's your take on all the insider selling taking place? I generally don't mind insiders selling at inflated levels, but selling at these levels is somewhat unsettling. Gary