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To: freeus who wrote (439)4/15/1999 2:01:00 PM
From: Sleeper  Read Replies (2) | Respond to of 10027
 
Freeus,please don't despair. Look at the market and other 'nets and realize this is NOT a NITE thing. In fact, with the incredible volumes being traded, I's expect this quarter to set all kinds of records for them. Here's some interesting reading to keep you occupied while NITE repairs its stock price:

fnews.yahoo.com

Keep in mind the article was written when the stock price was probably 130. Also, please be advised that I doubled my position in this stock today at 85. And no, you can't have the 2-for-1 McDonald's coupons OR the Burger King coupons UNLESS you can demonstrate need.

Sleeper




To: freeus who wrote (439)4/15/1999 2:32:00 PM
From: Joseph F. Hubel  Read Replies (1) | Respond to of 10027
 
Don't you mean sold at 133 and bought back at 82. This was a lot of fun trading today twice got in at 82 and sold at 85 and 88. Then things settled down until some one cut a fiber data supply cable to Island. This stock had to fall off after doing almost a triple in about 12 sessions. It may linger between the low 90s and high 80s while it consolidates the recent gain.

The buyers were really absent yesterday and when it started down the panic set in. Not much better today. If you look at the trading book between say EGRP and NITE it becomes obvious that to settle this volatility down they will need a split to add more liquidity. Sometimes there is 2 points or better between buyers and in many cases only one at a given price and that creates large price changes between even a single trade.

Have you used that real time book link I posted here?

JFH