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To: sepku who wrote (13301)10/11/1999 9:38:00 AM
From: Bucky Katt  Respond to of 57584
 
sepku, both of those may take some. T/a is real negative on both. RE:NITE, that looks to be the reason the broker stocks can't get out of their own way. Smart money selling to the dumb money?
> Knight/Trimark on Monday warned it expected to miss analysts' profits estimates by as much as 43 percent in the third quarter due to decreased trading volumes and lower revenue per trade.

The warning from Knight/Trimark (NITE: \\one of the largest market makers in Nasdaq stocks, is likely to be felt among the online brokers, some of which also rely on volume in Nasdaq stocks although fears that trading volumes were subsiding in the summer has knocked the stocks off their April peaks.