SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Sir Francis Drake who wrote (7658)4/1/2000 8:10:00 PM
From: Kenneth R Miller  Read Replies (1) | Respond to of 10027
 
NITE was looking strong on my radar as the market closed on Friday.. ending the day with lots of bids still there. Looks good to me and I may jump on the last ask and buy more before it runs any higher.. I can always chicken out and sell on a stop loss.. <G> Anyone else want to disclose their trades on NITE?



To: Sir Francis Drake who wrote (7658)4/1/2000 8:12:00 PM
From: LemonHead  Read Replies (1) | Respond to of 10027
 
Hi Morgan,
Lurking here, have nothing to contribute. Appreciate your commentary very much. Very insightful. Don't own Nite prefer to AIM TWE.

Keep up the good work.

Keith



To: Sir Francis Drake who wrote (7658)4/1/2000 8:36:00 PM
From: Sir Francis Drake  Respond to of 10027
 
Many who talk about the great opportunities in Europe, are not aware of the fact that there is no way to compare Nasdaq here, and Easdaq in Europe. That's like comparing an elephant (Nas) to a flea, scratch that, to a microbe, a virus, a prion (Eas). The whole grand "exchange" is composed of some 56 stocks, of which 10 are US, 12 UK, with 1 German, 1 Irish, 3 Italian, and a handful others. For all the grand pretensions to "Pan European", not only are most European countries not represented by a single stock, but those that are, are most often a handful, sometimes a single one.

Take a look at this (please use the link, as the formatting is destroyed here):

ft.com

<<Location: Easdaq is a pan-European market, with headquarters in Brussels and operations in Frankfurt, London and Paris. Under EU regulations Easdaq is governed by Belgium's legal and supervisory system.

Date of launch: 27 November 1996
Parent: Easdaq is a privately owned company with close links to Nasdaq.
Number of listed companies: 56 fully listed (02/00)

Market capitalisation: E56bn (02/00)

Easdaq

Industries represented:

No. of companies - Market capitalisation (Em)

Airlines 2 57
Biotechnology / medical equipment 8 1,143
Diversified industrial 3 252
Electronics 9 5,079
Finance 1 247
IT 9 7,914
Leisure 2 150
Manufacturing special equipment 5 801
Services 1 35
Software 10 15,813
Telecommunications 6 24,900

(02/00)

History
Easdaq was established to meet the demand for capital of high-growth companies. The market's pan-European structure and the option of listing with Nasdaq are designed to give companies access to a wide range of capital sources.
Companies need to demonstrate a clear market niche and an ability to conform to entry and reporting requirements in order to qualify. Admission is not dependent upon a long profit history.

Easdaq

Countries represented:

No. of companies - Market capitalisation (Em)

Austria 6 915
Belgium 11 8,114
Bermuda 1 737
France 6 2,262
Germany 1 469
Ireland 1 2,130
Israel 2 147
Italy 3 256
Liberia 1 51
Netherlands 2 640
UK 12 19,017
US 10 21,653

(02/00)

Standards
Companies must have total assets of at least E3.5m and capital and reserves of at least E2m when they come to market. These figures drop to E2m and E1m respectively thereafter.

Companies must have a minimum of two Easdaq registered market makers. There should be an adequate free float of shares, normally at least 20 per cent of the total share capital.

In addition to these quantitative requirements, Easdaq also undertakes a qualitative review at the time of admission. This focuses on the company's management, business plan and prospects.

Easdaq High/Low 1999

1999 Easdaq all share index high: 1497.68 points (12/99)
1999 Easdaq all share index low: 811.39 points (1/99)>>

Morgan



To: Sir Francis Drake who wrote (7658)4/2/2000 7:57:00 PM
From: theniteowl  Read Replies (1) | Respond to of 10027
 
Morgan, I have not had time to read through your posts from the weekend and just glancing at the titles and articles, I appreciate your posting information that may be pertinent to NITE's future. As soon as I joined SI last week, the NITE board seemed to die, but hopefully others will also post.

I noticed that you had a post about MSTR and just thinking back to the post that was made on the SI board in January by...(forget the name) shows the importance of discussing the good, the bad, and the ugly of a company's prospects.