Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: michael r potter who wrote (591)	4/27/1999 11:59:00 AM
From: Beltropolis Boy	Read Replies (1) \| Respond to of 10027

>What I'm trying to say, is that not only are in online accounts growing quickly, when people go online, there is probably an evolution to higher trading frequencies over not just months, but years. mike. as a very long-term investor, i wholeheartedly concur. to me, it's loosely analogous to the storage area network (SAN) and network-attached storage (SAN) phenomena: give them storage and they will use it. just cuz you have the means to trade, doesn't necessarily mean you should. naturally, we're all content to make money off the trend. -chris.

To: michael r potter who wrote (591)	4/28/1999 9:45:00 AM
From: Sleeper	Read Replies (1) \| Respond to of 10027

Of interest... Sleeper -------------------------------------------------------------------------------- Wednesday April 28, 9:20 am Eastern Time Company Press Release SOURCE: StockHouse Media Corporation Knight/Trimark Chief Tells StockHouse.com Transaction Numbers Are Running Well Ahead of Last Quarter; Hints at Record Transactions in Last 5 Trading Days SARASOTA, Fla., April 28 /PRNewswire/ -- In a CEO Conversation with StockHouse.com, Knight/Trimark Group (Nasdaq: NITE - news) CEO Kenneth Pasternak disclosed, ''Transaction numbers are running well ahead of last quarter,'' and ''the last 5 trading are our high water mark.'' Pasternak also laid out his Phase 1 and Phase 2 strategy for establishing a presence in Europe, which is to lead to including the ''trading of European securities'' through a London- based Knight/Trimark subsidiary. While the company publicly announced a record 520,000 trades, which occurred on April 14, and a monthly record in March of 3.6 billion shares traded, Pasternak hinted that April's numbers should exceed those figures. Pasternak also told StockHouse.com that the firm ''should hit 1 million daily transactions,'' by next year, at their current pace. Pasternak also told StockHouse.com his Phase 1 and Phase 2 strategy for establishing a presence in Europe, which is to lead to including the ''trading of European securities'' through a Knight/Trimark subsidiary. To view the online CEO Conversation, visit www.stockhouse.com