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

To: zalesky who wrote (186)	2/8/1999 10:25:00 PM
From: jim cannon	Respond to of 10027

here is a good recommendation from www.bull-marlet.com newsletter Feb. 8 concerning their position on NITE. they are adding it to their aggressive portfolio. A great newsletter and free. ADDING THREE COMPANIES TO OUR PORTFOLIOS 1) We hereby add KNIGHT/TRIMARK GROUP to our list of TWELEVE STOCKS FOR AGGRESSIVE INVESTORS (February 9, 1999). Knight/Trimark Group (NITE) is the leading market maker in Nasdaq securities and in the Third Market, which is the over-the-counter (OTC) market in exchange-listed equity securities, primarily on the New York Stock Exchange (NYSE). The Company attained this leadership position by providing the best execution services to broker-dealer and institutional customers through its sophisticated trading systems and proprietary methods. The Company makes markets in approximately 6,700 equity securities in Nasdaq and on the OTC Bulletin Board of the National Association of Securities Dealers, Inc. (NASD). The company's customers include PaineWebber, Merrill Lynch, E*TRADE, and AmeriTrade, among others. A group of 27 broker-dealers owns 48% of the company. The company just registered to sell up to nine million Class A common shares. Of the total amount, 2,400,000 shares will be offered by the company and 6,600,000 shares will be sold by selling shareholders. In the 4th Q, Knight reported revenues of $119 million vs. $67 million an increase of 78%. Earnings were up 80% and there was 103% growth in trades executed. Earnings Estimates: 1Q EPS Estimate $0.32; 12/99 EPS Estimate $1.38; PE on 1999 EPS Estimate 30; 2000 EPS Estimate $1.75 We like this type of growth. The stock closed Monday at $40.25 down from its high in January of $64.50 It has a PE of 44. Our 12 month price target is 59, an increase of about 50%. The market cap is only $2.2 billion making it a perfect buyout candidate for just about any big bank or investment banker. Jersey City, NJ 201-222-9400

To: zalesky who wrote (186)	2/8/1999 11:07:00 PM
From: freeus	Read Replies (1) \| Respond to of 10027

redont buy I bought 100 shares today at just under 41, but you are right in theory, things do not look good and although NITE is one of the stocks to buy if one is buying, "one" should not be buying right now, I have to agree with you. If it breaks 40 tomorrow in any serious fashion, I'll get out and lick my wounds and suffer the losses. Sad, but this does look like the beginning of a serious correction and its the right time of year. So hard to know, isnt it? Freeus Looking below my message I see that volume was lighter than usual and the last tick was "up" so I'm keeping my fingers crossed, as I really dont want to unload it!