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


To: freeus who wrote (916)5/6/1999 11:29:00 AM
From: Tod Skinner  Read Replies (1) | Respond to of 10027
 
Hogan also told StockHouse.com that he thought Internet stocks would have another big rally, saying, ''We had a 5-day, 34% correction, and historically,
when they do that, they make new highs. Yeah, we've got more room on the upside.''
This just out this morning:

biz.yahoo.com

One of Hogan's favorite stocks, which he recommended to StockHouse.com readers on April 20, in an earlier StockHouse.com interview, soared by nearly 250% since then. In Wednesday evening's interview, Hogan told StockHouse.com, ''Knight/Trimark (Nasdaq: NITE - news), if you will, is the Federal Express of the Internet. It has the sexiness of the Internet, but it also has the safety of actually getting business as an offshoot of the Internet.'' When asked how high Knight-Trimark might go, Hogan replied, ''$220/share is our 12-month target price, on fundamentals.''



To: freeus who wrote (916)5/6/1999 12:24:00 PM
From: Joseph F. Hubel  Respond to of 10027
 
Hi Freeus,

We need to keep in mind this was an IPO last August. They are not just sitting but continually expanding their capacity. Their capacity is one of the reasons they draw the business. Capacity is critical when the market volume explodes and other MMs get over loaded. In addition they are spending to open the European branch which for now will be England. They are also looking to open a branch in Germany. I love companies that spend on tomorrow.

JFH