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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Walk Softly who wrote (101123)4/28/2000 8:29:00 AM
From: manny t  Respond to of 108040
 
Jenna has NITE as a long term hold:

To: Jenna who wrote (94910)
From: Jenna Thursday, Apr 27, 2000 1:27 PM ET
Reply # of 95032

SWS and NITE are no longer 'unknowns' as far as earnings go.. I picked up SWS to add to NITE for a longer term hold. NITE has come up in many articles about the future of ECN's.. The top four participants in Nasdaq acount of 60% of Nasdaq volume. They are: Island, Instinet, Mayer and Schweitzer, Island and Knight-Trimark..
NITE: upstart Knight/Trimark Group (NITE:Nasdaq - news - boards), which in less than five years has become Nasdaq's biggest trading firm, now handling almost 20% of its volume.

SOUTHWEST SECURITIES GROUP INC., posts 3Q EPS $4.43 vs. $0.64
SWS Announces Record Financial Results for March Quarter; Revenues, Earnings, EPS Increase to All-Time Highs

DALLAS, April 27 /PRNewswire/ -- Southwest Securities Group, Inc. (NYSE: SWS - news) today announced that it achieved all-time highs in earnings, earnings per share and revenues in its third quarter ended March 31, 2000. On a comparable basis, earnings increased 103 percent, diluted earnings per share increased 100 percent, and revenues rose 65 percent over the levels achieved in the same quarter last year.

For the third quarter, before including proceeds