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


To: zepper who wrote (1317)5/25/1999 6:12:00 PM
From: JC Reddy  Read Replies (2) | Respond to of 10027
 
I don't understand this myself. NITE has got to be one of the more undervalued companies considering they will make at least $1.50/share this year (1999). With the current price, that's P/E of about 35 or so. You cannot find a better company to invest in, IMO.

When the bloodbath ends, I think NITE will be the first one to recover. I was hoping NITE would end up today, but the Nasdaq pulled us down mercilessly.

Who knows? One of these days NITE may be up 20 points. Crazy market.

But I think now is a very good time to enter. Low risk (not zero), high rewards.