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To: scanshift who wrote (197)	2/9/1999 9:32:00 PM
From: Curbstone	Read Replies (1) \| Respond to of 10027

scanshift, Thanks for the link to nasdaqtrader. I will go there to check things out. Your statement about not falling in love with a stock based on past performance but rather present action brings a couple things things immediately to mind. One is that there can be a distinction between falling in love with a stock and going long on a dip in price based on historical price/volume/earnings data. I own NITE but I am not necessarily in love with it. Secondly, it appears you are a momentum/position trader and as such are probably short or considering shorting NITE based on current behavior. If you think NITE's recent rise is based on hype rather than fundamental strength, then shorting might make sense, but from the numbers I've seen NITE appears somewhat UNDERvalued and I would attribute the present price action more to a general market downturn than to some inherent weakness in NITE business model, mgmt, or NITE's ability to grow earnings. Mike

To: scanshift who wrote (197)	2/10/1999 2:35:00 PM
From: Mitch Vine	Read Replies (2) \| Respond to of 10027

Thanks for the info on www.nasdaqtrader.com. Based on my DD I sold my shares today. Anyone owning NITE owes it to themselves to check out the data for themselves. I looked at NITE's volumes over the last 3 quarters. You can look at the total trading volume in any one stock and the breakdown by MM. You can calculate NITE's market share. Their market share in big volume names like CSCO, MSFT, DELL, INTC are generally down or flat. They seem have done better on smaller names and new issues. But as you pointed out, the way some MM's like ISLAND and INSTINET are coming on, NITE may be in for a rough ride.