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Strategies & Market Trends : ClearStation...Goldman Sachs Trading Room in a Box?

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To: Rod Dolman who wrote (10)3/8/1999 9:01:00 AM
From: mod   of 22
 
MARKETWATCH.COM, THESTREET.COM, AND BRIEFING.COM PARTNER WITH CLEARSTATION To Give Online Investors 'The Right Edge'

News and Commentary Complements Popular Technical Analysis and Community Resources Available on One of the Web's Fastest-Growing Investment Sites

SAN FRANCISCO, March 8 /PRNewswire/ -- ClearStation (http://www.clearstation.com), the intelligent investment community, today announced agreements with MarketWatch.com (Nasdaq: MKTW), TheStreet.com and Briefing.com to bring financial market news and commentary to ClearStation's growing audience of online investors. The partners' market coverage is featured in a new ClearStation site offering called "The Right Edge."

The Right Edge provides ClearStation users with daily market updates and analysis, as well as stock tips from ClearStation's founder and chief investment strategist, Doug Fairclough. More than 80,000 ClearStation members currently receive Fairclough's popular analysis via email under his online moniker, "kensey," upon free registration at the site.

According to ClearStation's vice president of marketing and business development, Will Winkelstein, The Right Edge expands on the site's "Three-Point" investment approach which encourages investors to integrate technical analysis with fundamental analysis and community discussion to make better trading decisions.

"ClearStation members spend an average three hours a month on our site evaluating, tracking and discussing stocks, but they've had to go elsewhere for financial news and commentary," said Winkelstein. "With the release of The Right Edge, they now have direct access to the most insightful and timely market coverage available on the Web."


Partnership Details

* MarketWatch.com will provide in-depth daily analysis of the financial markets, including up-to-the-minute market coverage, sector reports, IPO announcements and insights from editor-in-chief, Thom Calandra. The addition of CBS.MarketWatch.com editorial content on ClearStation expands an existing relationship between the two companies that began in December 1998 with the publishing of ClearStation's education articles about technical analysis on the CBS.MarketWatch.com Web site.

* TheStreet.com will provide morning, mid-day and evening market reports, with additional market analysis. ClearStation's Doug Fairclough has been a frequent source of market analysis for TheStreet.com.

* Briefing.com will provide three of its most valuable offerings: "Story Stocks," "Upgrades and Downgrades" (providing news of financial analyst stock ratings changes), and stock split coverage.


ClearStation's partners are enthusiastic about the opportunity to join forces in providing online investors with the highest quality market information available.

"ClearStation's education articles have helped our readers understand the importance of technical analysis," said Bill Bishop, Vice President of Business Development at MarketWatch.com. "We're happy now to provide their members with quality news and analysis from MarketWatch.com."

"We're thrilled to make TheStreet.com's unique brand of market analysis available to ClearStation members through The Right Edge," said Brendan Amyot, vice president and general manager, consumer markets for TheStreet.com.

"ClearStation does an outstanding job at providing and educating the investing public on the use of tools for technical analysis," said David Beasley, vice president of sales and marketing for Briefing.com. "Intra-day analysis from Briefing's market experts form an excellent complement to the integrated approach 'The Right Edge' brings to ClearStation users."

The Right Edge marks the first of several ClearStation site upgrades scheduled for the first two quarters of 1999. Additional features scheduled include an advanced interactive charting tool; "Three Point View," offering stock-specific analysis and event tracking; configurable portfolio and stock list views, and expanded community features.

About ClearStation

Nominated for a 1999 Webby Award, ClearStation integrates technical and fundamental analysis with community discussion to offer compelling investment ideas, analysis and opinion throughout each market day. Additional site features include robust charting tools, portfolio management, stock screening, event tracking, and in-depth news and research. The ClearStation Web site continues to attract an increasing number of online investors and win praise from industry watchers. Since its launch in July 1998, monthly traffic has spiked to more than 200,000 unique visitors viewing nine million pages, a growth rate of 33 percent. The San Francisco-based company, founded in November 1997, is privately funded. For more information about ClearStation, call 415-283-2590. For media contact, call ClearStation's Director, Public Relations, Dan Dement, at 415-283 2590 ext. 25. Access to the ClearStation is free to investors at
clearstation.com.

SOURCE ClearStation 03/08/99 /CONTACT: Dan Dement, Director, Public Relations of ClearStation, 415-283-2590 ext. 25/

/Web site: clearstation.com

CO: ClearStation ST: California IN: FIN MLM SU:
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