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


To: Herschel Rubin who wrote (4875)10/11/1999 4:22:00 PM
From: Glenn D. Rudolph  Respond to of 10027
 

Glenn, I think Gary meant to say "earnings growth" when you made your comment about "Listen to the words
carefully"


I admit to not having read the press release today in full. Been busy. I took the revenue growth as being correct. Thank you for the correction. I also agree with you about the diverisifcation need.

I am still long. I just did not add to my position today.,

Glenn



To: Herschel Rubin who wrote (4875)10/11/1999 4:51:00 PM
From: Gary Korn  Respond to of 10027
 
Herschel,

Nice post. Thanks for clarifying KP's comments regarding earnings growth:

From the NITE press release:

"We are highly confident that Knight will continue to experience year-over-year increases in volumes and earnings in excess of 30 percent as it diversifies its revenue stream and expands its market share."


Gary Korn



To: Herschel Rubin who wrote (4875)10/11/1999 5:27:00 PM
From: S. M. SAIFEE  Respond to of 10027
 
According to Pain Webber Analyst's interview, he was speculating that NITE must have been on wrong side of some trades taking losses on bad positions to cause the earning shortfall. He was rather upbeat going forward.