Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sir Francis Drake who wrote (4831)	10/11/1999 11:43:00 AM
From: 10K a day	Read Replies (1) \| Respond to of 10027

Wow...! That was quite a post. I'm still Long. STill waiting for more information. And/Or to let my Brain Quit Rattling...LOL Thanks for the Opinion...... Mr Drake....

To: Sir Francis Drake who wrote (4831)	10/11/1999 5:49:00 PM
From: George the Greek	Respond to of 10027

Morgan: Well put. I too believe management knew, management withheld preannouncement/warning. It's a messy place, this marketplace. Brushing the filth of the marketplace off me again, George

To: Sir Francis Drake who wrote (4831)	10/12/1999 9:05:00 AM
From: learnstocks	Read Replies (1) \| Respond to of 10027

Morgan, your post #4831 is well appreciated. One adjunct question might be: is there reason for a class-action shareholder suit? While the thought of suing is abhorrent, in this case the actions of NITE management remind me somewhat of the WMI actions less than six months ago. The backbone of NITE future earnings would seem to be the small investor who is either day or swing trading. While understandably NITE is taking care of the venture capital partners and the institutional investors, it seems that "dissing" the small investor base would not be favorable to longer-term earnings potential. Many have had very painful margin calls recently, based on the downward slide of NITE. Those traders, having been badly burned, will think twice about coming back into NITE. How do you and others feel about this?