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

To: GS_Wall Street who wrote (5469)	11/2/1999 3:04:00 PM
From: JakeStraw	Read Replies (1) \| Respond to of 10027

Nasdaq volumes higher in October... cbs.marketwatch.com

To: GS_Wall Street who wrote (5469)	11/2/1999 4:11:00 PM
From: Sir Francis Drake	Respond to of 10027

<<How just a few weeks can totally change the sentiment>> Not so fast. Note, that on a day where Naz ended positive, with a lot of inut stocks blazing, NITE not only couldn't hold the gains of the day - but actually ended up DOWN by a substantial amount... all this on pretty heavy volume (compared to recent trading). Just goes to show - NITE will have a LONG, HARD, road up, no "fast" change of sentiment here (BTW, compare how NITE's sister, SWS bounced from its low of 18 not too long ago - it is up today, and has held its gain, as have a number of OLBs... by %, certainly SWS has done better on the rebound, while NITE is heavy as lead). There is a mountain of shares, just desperate to get out. No fast rise is sustainable in NITE, IMO - if it jumps too fast, it is a good short. The sustainable rises will be smaller. Still, the general direction is UP. <<Like I said a few months ago, managements job is not to manage the stock price, but to grow the business and increase market share. The stock will take care of itself.>> Like I said before - I strongly disagree with this statement. Management's job is to take care of both - business and stock. However, if one had to choose just one, their #1 priority has to be the stock, for that is why we invest in the STOCK market, and not the "company-trading" market. Morgan Morgan