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To: Gary Korn who wrote (5125)10/15/1999 7:30:00 PM
From: Jimbo Cobb  Respond to of 10027
 
Maybe NITE traders shorted the crap out of itself about 60 points ago !!!!!! If so, NITE could have a nice windfall coming up when they cover under $20....

jajajajajajajajajaja

Jimbo.



To: Gary Korn who wrote (5125)10/15/1999 7:42:00 PM
From: gbh  Respond to of 10027
 
Again based on my calculations, the reduction (if/when it goes in effect) would save NITE probably $200,000+ per month based upon current volumes, which is close to about 1 penny per share per quarter.

Gary, how did you calculate how many trades NITE actually routes using Selectnet? Thanks.


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