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


To: Esway who wrote (5390)10/29/1999 4:17:00 PM
From: gbh  Respond to of 10027
 
1.43B shares on the Nasdaq today. Almost 1.1B on the NYSE.



To: Esway who wrote (5390)10/29/1999 4:25:00 PM
From: GS_Wall Street  Read Replies (1) | Respond to of 10027
 
18.4 Billion shares is the bar (based on current EPS projections) for Knight, The month of Oct is now complete. My work has NITE trading approx 6.4 Billion shares, NITE is slightly ahead of where they need to be to make this Qtr. If volume remains steady in early Nov than you might start to see EPS move up. As we learned last quarter, Rev per trade can be hard to estimate, so that is one variable that could go either way. My current model has $29 in December which I now think is a slam dunk.