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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Shane M who wrote (4981)	9/7/1998 10:21:00 PM
From: Shane M	Read Replies (1) \| Respond to of 78516

Thread, I think it's likely that many of you will not consider this a value stock, but I find this an exciting opportunity for those more oriented toward a growth/value blend. NITE: Knight/Trimark. Recent IPO at around $14.50. They're a major MM for Nasdaq trades, somewhere around 12% of trades in the market. Currently trading in $7s. Customers include many of the major online traders like E-trade and Ameritrade. PE: 9 PS: 1.2 net margin: @13% Revenue Growth: 40+% Here are the stats from Marketguide marketguide.com 2Q results: biz.yahoo.com Stock price was recently beaten down by a negative WSJ article, The Robertson Stephens analyst writeup below (with management agreement) addresses the WSJ issues. Sorry, but I don't have a WSJ link. biz.yahoo.com Again, I like this stock and will likely continue to add to my position. Despite my (rather weak) conviction to stop buying poor Rel Strgth stocks - this is another one that's in the dumps but somehow I just can't resist these things. IMO, NITE should benefit from the macro trend toward increased trading via self-directed internet accounts. IMO this trend itself should continue to push trading velocity higher in the years to come. I would appreciate comments. Everything I've been picking recently is loosing money, and I'm counting on this stock to reverse the trend. Shane