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

To: Gary Korn who wrote (4133)	9/18/1999 8:30:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 10027

Gary, This is a quote from a person that I respect in terms of TA and fundamentals in the market. When I mean respect, I mean he does very well in stock picking: " So far i have confidence in its future...Just bad timing to be holding broker stocks. But here's what's hitting nite: Interest rates have hit most broker stocks and financials and are now in a bear market, Nites problems with uncertainty about competition and seasonally low volumes, and the lock-up period expiration all hit this stock at one time. It looks like nite could go to 22-23 near term hopefully the bottom. However, i do hope 27 will hold, but it don't look good so far. Well you cannot bank on hope but i do think this is over done on Nite." The bank index is way down due to interest rate fears. So the problem is not entirely NITE specific. P.S. Can you imagine AMZN with a $36,000,000 net quarterly profit? As you know, I doubt this will ever happen. Glenn