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

To: gbh who wrote (4153)	9/19/1999 9:56:00 PM
From: Gary Korn	Read Replies (1) \| Respond to of 10027

Nite continues to fall The shell shocked masses in the Knight/Trimark message boards were befuddled once again as they watched their stock drop 7 percent amidst Friday's market euphoria. Not many stocks can claim to have as loyal a following on the message boards as Knight/Trimark (NITE: news, msgs), but the continued retreat seems to have shaken even the most faithful. The bleeding metaphors were everywhere on Raging Bull. Burnski posted, "I have shares at 60 -- bleeding won't stop. At this point I'm so numb and can't make a move if I wanted to." Hopeiwin was a team player: "I have shares at 58 1/2 and 40. I'd share my tourniquet with you but it's not helping." BulgarianBeast tried to put everything in perspective: "It is normal for a very good stock such as NITE to have some setbacks with the market. NITE is highly volatile so I would expect it to fall farther faster in down market times than more stable stocks. What's wrong with you people. This is BUYING OPPORTUNITY TIME! Stop complaining, lengthen your time horizons, and stop being little whinny babies." If NITE doesn't turn around for BulgarianBeast, the Marine Corp is always looking for a few good men. GBH, on Silicon Investor, calmly shared his view on the problem: "Perhaps the only thing NITE management can be faulted for is not 'managing' earnings a little better. No sure if that is really possible in this industry. NITE is a victim of its own 'hyper' growth phase. It got where it is, from an earnings viewpoint, very fast (too fast?) and now may have to settle back into being more of a cyclical stock like all the other financials. There is simply no easy way for a company to transition from quarterly sequential growth to yearly sequential growth without incurring pain." HeatherN refrained from placing blame on the company: "It is extremely frustrating to see a solid company, with strong management, who are executing well, tank as severely as NITE has. I try to remember that I cannot change the market's opinion no matter how compelling my argument. There must be a large enough catalyst to change the tide." If the future of Knight/Trimark is, in any way, tied with the sentiment on the boards, investors have reason to remain hopeful. Patience might be the key but it isn't that easy when the rest of the market flies on by like it did on Friday. cbs.marketwatch.com