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Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey D who wrote (56)1/19/1999 3:09:00 PM
From: SMALL FRY  Respond to of 10027
 
Jeff,

I'm still very long AMAT... NITE too, although I pared off 1/2 today. NITE CEO on CNBC tomorrow. Glad to see you here... better thread than anywhere I've been. Since I subscribed to Jenna's MG... her picks have given some GAINS.

Happy net hunting,
SF



To: Jeffrey D who wrote (56)1/19/1999 11:34:00 PM
From: ron forgus  Read Replies (2) | Respond to of 10027
 
That Wall Street Journal BS on NITE also made me trim back.
The stock struggled most of the day because of the news release.
Knight/Trimark Shareholder E*Trade, Others May Sell, WSJ Says
Repeat of Earlier Post

Jersey City, New Jersey, Jan. 19 (Bloomberg) -- Knight/Trimark Group Inc.'s major shareholders, including E*Trade Group Inc., Ameritrade Holding Corp. and Toronto-Dominion Bank's Waterhouse Securities Inc., may sell their stock in the company, the Wall Street Journal reported. The 180-day period during which Knight/Trimark's 26 broker-owners are restricted from selling shares expired this month, and Deutsche Bank Securities analyst James Marks said he expects E*Trade and Ameritrade to sell all or a portion of their holdings. The sales could cut Knight/Trimark's business, as the brokerages lose their incentive to use the company to execute stock orders, the newspaper said.