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

To: Herschel Rubin who wrote (4413)	10/1/1999 1:31:00 AM
From: Herschel Rubin	Read Replies (2) \| Respond to of 10027

The OLB sector should pick up soon as we'll see bargain seekers and traders bid up prices in advance of earnings. As of today (Sept 30th), the behavior of the markets in September (and for Q3) is in the past. It's no longer an uncertainty. Players can now assess their strategies with more information. Most certainly the analysts are quietly going over the trade volumes while we speak. If they like what they see, they'll quietly accumulate in the next few days and then bingo: out comes a new Gomez study or a CS First Boston study. As far as pre-earnings runup possibilites, we must realize that this is now October and the OLBs will be reporting soon, starting with AMTD, followed by EGRP, SCH, and then NITE. I checked some earnings calendars on the web, but some are imprecise at this point. However, here's what I've come up with: AMTD - Most likely Monday Oct 11th (based on last quarter's timing. EGRP - Most likely Oct 11th (was postponed last qtr to 18th, but normally during second week of month) SCH - Monday, October 18th (confirmed in Yahoo's earnings cal) NITE - October 21 and, by the way, since Merrill will soon be in the OLB biz: MER - Tuesday October 12. In light of the above earnings releases, my guess is that next week (Oct 4-8) will see a SIGNIFICANT return of interest to the OLB sector as players get into position before earnings. Think of it... there's only 6 trading days before AMTD & EGRP are likely to report. All OLB stocks are beaten down. Why wouldn't there be a rally as people look ahead to Q4?