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

To: ELIAS DEEB who wrote (714)	5/3/1999 8:42:00 PM
From: Tom Hua	Read Replies (1) \| Respond to of 10027

Elias, I may regret it later, but I shorted NITE at 159 1/8 today. It's part of my portfolio rebalancing. NITE serves as a hedge against my other long positions. Regards, Tom

To: ELIAS DEEB who wrote (714)	5/3/1999 10:49:00 PM
From: AugustWest	Respond to of 10027

>>Did I read correctly that NITE is running a 19% profit margin now? This is huge. Is this what you mean? 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. biz.yahoo.com