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Technology Stocks : Roaring Internet Stocks -- Ignore unavailable to you. Want to Upgrade?


To: T-Lo Greens who wrote (843)1/20/1999 9:08:00 AM
From: Thu Ra Tin  Read Replies (1) | Respond to of 1530
 
Undiscovered Internet Company with A Near Monopoly: NITE earnings
out!

NITE has blow out earnings, beats estimates by .07.
Earnings are .33 compared to .18 last year and estimates of .26.

According to the CEO on CNBC squak box today, NITE does 50% of
the stock transactions from the internet trading and makes 25% of the
market for the internet stocks.

biz.yahoo.com

EPS of $0.33 Driven by Increased Market Share and Record Volumes
Fueled by the Growth of Internet On-line Trading

JERSEY CITY, N.J., Jan. 20 /PRNewswire/ -- Knight/Trimark Group,
Inc. (Nasdaq: NITE - news) today reported record results for the fourth
quarter and year ended December 31, 1998. Knight/Trimark Group is
the largest market maker in both Nasdaq securities and the
over-the-counter market for New York Stock Exchange- and American
Stock Exchange-listed securities.

Fourth Quarter 1998 vs. Fourth Quarter 1997
-- 78% growth in revenues -- 103% growth in trades executed
-- 80% growth in net income (A) -- 97% growth in shares traded
Fourth Quarter 1998 vs. Third Quarter 1998
-- 29% growth in revenues -- 31% growth in trades executed
-- 33% growth in net income (A) -- 27% growth in shares traded
Year 1998 vs. Year 1997
-- 57% growth in revenues -- 102% growth in trades executed
-- 78% growth in net income (A) -- 112% growth in shares traded