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To: Curbstone who wrote (196)2/9/1999 9:16:00 PM
From: scanshift  Read Replies (2) | Respond to of 10027
 
www.nasdaqtrader.com click on the trading data box, then market participant, then type in nite.

Nite's rate of growth from November to December did increase, but at a significantly less rate than the Island ECN (ISLD) for example.

It is my opinion, that if you project forward to mid March when the statistics will be available, that Nite will do less volume in February than January.

My comment about watching yourself, is that there is a great deal of electronic competition growing everyday, (Bear Stearns and Salomon's new Strike ECN for example), and that one should consider what the long term impact of this new competiton will be. Nite may pop back in to the high 40's or 50's, but it could also continue its hard break and land in the 20's. Thus, you cannot fall in love with a stock based on past performance, but trade it based on its current behavior. Along with what events have caused Nite to have such a tremendous retracement from its recent 64 1/2 high.