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Strategies & Market Trends : e-Commerce the Next 100 Months...... -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (2511)4/13/1999 11:33:00 AM
From: Triffin  Read Replies (1) | Respond to of 2882
 
Auggie ..

Check this port out that I put
together on Jan 1998 ..

techstocks.com

11X initial investment !!!!

Jim in CT .. wish I owned it all for real !!



To: AugustWest who wrote (2511)4/13/1999 8:24:00 PM
From: jjs_ynot  Read Replies (2) | Respond to of 2882
 
Seek is not exactly setting the world on fire.

They appear to be a captive of Disney.

biz.yahoo.com



To: AugustWest who wrote (2511)4/13/1999 9:17:00 PM
From: Steve Antonelli  Read Replies (1) | Respond to of 2882
 
Auggie and Tom..... congrats on what must have been a wonderful day for you! I am just now finding out how good a day NTBK and EDFY had... having held CKFR for a while, I know what a nice run we had there today.

There must be others that took off today that I haven't even realized yet. I can't believe how much NTBK has gone up! I sure wish now I had held the shares I had about a year ago... What a run!!!

Any thoughts on what to buy in this sector tomorrow? EDFY looks really good after today's run... what do you think?



To: AugustWest who wrote (2511)4/27/1999 7:22:00 AM
From: AugustWest  Read Replies (1) | Respond to of 2882
 
Anyone have any thoughts on adding NITE to the portfolio?

It ain't cheap, but this is a revenues generating monster. From recent quarterly:

Revenues for the first quarter of 1999 rose 188% to $182.7 million, compared to $63.5 million for the first quarter of 1998. Net income(A) for the first quarter of 1999 totaled $37.4 million, or $0.67 per share on a diluted basis, a 344% increase from $8.4 million, or $0.20 per share on a diluted basis for the same period a year ago. Return on equity for the first quarter of 1999, stated on an annualized basis, was 64%.

In addition to the improvements in year-over-year results, the Company also achieved sequential quarterly gains as revenues and net income for the first quarter of 1999 rose 53% and 113%, respectively, over the fourth quarter of 1998. The Company also achieved pre-tax margins of 35% in the first quarter of 1999, up from 25% in the fourth quarter of 1998.

.......''Achieving pre-tax margins of over 35% in the first quarter is testament to the success of our business model and the operating leverage we can achieve with our record-breaking volumes.''

Knight/Trimark Group executed over 306,000 trades per day on average during the first quarter of 1999, a 42% increase from the fourth quarter of 1998. Additionally, the Company executed 520,000 trades on April 19, 1999, a Company record.

First quarter revenues from the Company's institutional business grew 39% from the fourth quarter, and represented 17% of the Company's first quarter trading revenues. Additionally, the Company announced on April 14th that its new London-based subsidiary, Knight Securities International, Ltd., received regulatory approval from the Securities and Futures Authority in the United Kingdom.