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To: Gary Korn who wrote (5493)11/2/1999 10:55:00 PM
From: Gary Korn  Respond to of 10027
 
Here is NITE's total OTC volume by month compared to the OTC total.
Note the slight pick-up in October. This has accelerated since 11/1:

Month NITE Vol. Total OTC Vol. NITE % of Total

11/98 549,448,000 2,570,219,000 21.4%
12/98 793,643,000 3,855,516,000 20.6%

01/99 1,065,575,000 4,473,321,000 23.8%
02/99 1,401,296,000 5,190,408,000 27.0%
03/99 1,255,773,000 5,183,592,000 24.2%

04/99 2,375,982,000 9,532,041,000 24.9%
05/99 2,359,297,000 8,645,457,000 27.3%
06/99 1,990,529,000 7,337,093,000 27.1%

07/99 1,715,142,000 6,473,295,000 26.5%
08/99 1,483,894,000 5,893,164,000 25.2%
09/99 1,103,358,000 4,549,355,000 24.3%

10/99 1,250,223,000 ? ?



To: Gary Korn who wrote (5493)11/2/1999 11:49:00 PM
From: Colin Cody  Read Replies (1) | Respond to of 10027
 
Gary, this is phenomenal news!!! The chart for NITE reflects four straight days of ever increasing accumulation & volume. Someone knew something BIG was coming, and now we know what it was.

With the sharp sell-off at the close needing to be covered at the open (because of this news!!), we should have a nice sharp gap up opening tomorrow and a follow-thru as CNBC touts the stock and this news story all day long.

This thing could be in the $50 to $60 range before the turkey's carved.

Colin

PS get a load of the SHORT position this one is carrying: viwes.com