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To: Jay Rommel who wrote (5017)10/13/1999 5:05:00 PM
From: Panita  Respond to of 10027
 
Bla, bla, bla. Today was simply a result of a bad market. It only went below 25 because market tanked and ignited panic. Today drop was as a result of Intel bomb which imho will be forgotten as other stocks come out better than expected.

After the close Apple, Altera, Timberline, Redback, VISX, etc all came out better than expected. in a few days Intel earnings will be forgotten. And market will run up.

These volatility is good for NITE. As a market makers they can play on people's fears and have wider spreads.

I stick to my prediction NITE will see its 25 days moving average which puts NITE at 32+



To: Jay Rommel who wrote (5017)10/13/1999 5:12:00 PM
From: Gary Korn  Read Replies (2) | Respond to of 10027
 
There is a slight improvement, today, from yesterday's October-to-date figures on OTC/NASD volume.

AutEx NASD/OTC numbers through October 12 show that NITE handled 1,363,525,000 shares (market share of 14.18%). This is 170,440,000 shares per day on average in October.

To date in October, NITE has made a market in 6,079 different securities on the NASD/OTC. The next greatest is SCH (8.2% market share), which made a market in 5,874 different equities.

Gary Korn
P.S. Beginning in a few weeks, downloads of the AutEx numbers will cost $20 per request. I won't be able to continue the downloads unless enough people volunteer to share in the cost. If we can get perhaps 20 people together, the cost of doing 4 downloads per month (once per week) would be $4/person/month. If anyone is interested, please PM me so we can look into setting up some sort of sharing arrangement on this.