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


To: Jeffrey D who wrote (470)4/20/1999 6:20:00 PM
From: T-Lo Greens  Read Replies (1) | Respond to of 10027
 
Is NITE really worth 59x's earnings? Although I like this stock, I'm thinking it has gotten a little ahead of itself. NITE can't ever have 100% market share of the NASDAQ trading volume. Or even more than 25% technically. As you know every stock that trades needs at least 2 market makers. If NITE squeezed out all competition, they'd be competing against themselves. It might be awhile before we see 133 again. I'm holding on to my shares at 74 though, but putting in trailing stop limits.