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

To: AugustWest who wrote (480)	4/21/1999 7:55:00 AM
From: Joseph F. Hubel	Read Replies (1) \| Respond to of 10027

Some of those were reports of late trades, but those that followed were not indicated as late and were in the 74 range. Have to wait and see what the trades look like as we approach the opening bell. I did not particularly like this excerpt from EGRP's earnings report. "Including a $20 million net gain from selling a portion of its investment in Nasdaq market maker Knight/Trimark Group Inc. (NITE - news), E*Trade turned a net profit of $5.8 million profit, or 5 cents a share, in the quarter." Did they sell to make EGRP's numbers look better or because they felt NITE had achieved a near term top? Hopefully, if we get a split, it will tone down the violent price swings we see in NITE. Good luck today. JFH