April 05, 1999 10:19
Raging Bull Rockets to 2.8 Million Page Views Per Day; Surpasses 100,000 Members
ANDOVER, Mass.--(BUSINESS WIRE)--April 5, 1999--
The Internet's Fastest-Growing Financial Message Board Site Gives Members Full Investing Resources And Decision Support
Raging Bull (http://www.ragingbull.com), the free financial community that offers free real time stock quotes alongside lively stock discussion and market analysis, now boasts a membership of more than 100,000 active investors. These helpful and informed members post an average of 12,000 new messages to Raging Bull's popular stock bulletin boards every trading day, generating fresh, up-to-the-minute financial content and creating a thriving online community.
Raging Bull has also hit an all-time high for site traffic. The popular and entirely free "stock talk" site now serves nearly 3 million page views per trading day to members and visitors alike. While all Web users have full access to Raging Bull's mix of professional and member-generated financial editorial content, the site's 100,000 members also have the ability to publish their own stock analysis and market insights. These informed, loyal, and active members stay on Raging Bull for an average of 20 minutes per visit and return throughout the day.
Raging Bull is leading the investor revolution as the premier financial community that brings real time stock quotes, lively financial commentary, and links to research, charts and market news together in one free and easy-to-use site. Raging Bull has skyrocketed into position as one of the top financial communities by giving online investors what they want - an open, easy and personalized financial forum that helps them make the most of their investment dollars.
"We launched our next-generation financial community at a critical stage when investors were eager for integrated message board improvements," said Stephen Killeen, President and CEO of Raging Bull. "We added personalization and site navigation tools like our innovative 'Ignore' feature to give our members more control over their message board experience and gave them free real time stock quotes to enable them to make more timely investment decisions."
"Raging Bull's 10-fold increase in traffic since the start of this year alone is a stellar example of the viral nature of the Internet," added David Wetherell, CMGI (Nasdaq:CMGI) chairman and CEO, @Ventures managing partner and chairman of Raging Bull's board. "The site had 7,500 members who viewed 100,000 pages per trading day when we made our initial investment in October of 1998. Now, Raging Bull is growing by more than 100% every month - and they have yet to spend a dime on marketing."
Today, Raging Bull is also pleased to announce that its Cyberstock Index (http://www.ragingbull.com/articles/cyberstock/cyberindex.shtml), a truly representative snapshot of the entire Internet sector, shows a 18.3 % gain since its inception on February 8th, 1999. The S&P 500 gained 4.4% in the same period. Stocks listed on the index include: Xoom.com, Inc., (Nasdaq:XMCM); Peapod, Inc., (Nasdaq:PPOD); TicketMaster - Online City (Nasdaq:TMCS); Net.B@nk, Inc., (Nasdaq:NTBK); CyberCash, Inc., (Nasdaq:CYCH); Sportsline USA, Inc., (Nasdaq:SPLN); InfoSpace.com, Inc., (Nasdaq:INSP); Yahoo! Inc., (Nasdaq:YHOO); At Home Corporation (Nasdaq:ATHM); Excite, Inc., (Nasdaq:XCIT); Lycos, Inc., (Nasdaq:LCOS), VeriSign, Inc., (Nasdaq:VRSN); Infoseek Corporation (Nasdaq:SEEK); Network Solutions (Nasdaq:NSOL); DoubleClick, Inc. (Nasdaq:DCLK); ONSALE, Inc., (Nasdaq:ONSL); eBay, Inc., (Nasdaq:EBAY); Exodus Communications (Nasdaq:EXDS); Digital River, Inc., (Nasdaq:DRIV); America Online Inc., (NYSE:AOL); Amazon.com, Inc., (Nasdaq:AMZN); Egghead.Com, Inc./WA, (Nasdaq:EGGS); CDNow (Nasdaq:CDNW); E
RADE Group, Inc., (Nasdaq:EGRP); Ameritrade Holding Corp. (Nasdaq:AMTD); EarthLink Network, Inc., (Nasdaq:ELNK); MindSpring Enterprises (Nasdaq:MSPG); CNET, Inc., (Nasdaq:CNET); CMGI Inc., (Nasdaq:CMGI); RealNetworks, Inc., (Nasdaq:RNWK); PSINet Inc., (Nasdaq:PSIX); PreviewTravel, Inc., (Nasdaq:PTVL); USWeb (Nasdaq:USWB); CheckFree Holdings Corp., (Nasdaq:CKFR); VocalTec Communications (Nasdaq:VOCLF); Check Point Software Tech., (Nasdaq:CHKPF); Open Market, Inc., (Nasdaq:OMKT); ISS Group, Inc., (Nasdaq:ISSX); Inktomi Corporation (Nasdaq: INKT); Networks Associates, Inc., (Nasdaq: NETA) and Broadcast.com Inc., (Nasdaq:BCST). See chart at ragingbull.com.
About Raging Bull
Raging Bull (http://www.ragingbull.com) is a dynamic and free financial Web site that empowers investors with the best in financial discussion and commentary alongside free real-time stock quotes. The company's proprietary message board technology offers innovative features like a unique "Ignore" command (to filter out unwanted postings) and timesaving Raging Links that surface the best posts on Raging Bull's boards and provide instant access to investor resources published across the Web. Users of personalized "My Raging Bull" pages can rapidly navigate their preferred boards and track their favorite members.
Raging Bull also provides timely and original market analysis by expert financial scribes, including Jonathan Hoenig (floor trader, NPR commentator, and principle at Capitalist Pig in Chicago) and Matthew Ragas, whose weekly Cyberstock Investor Report boasts delivery to many of Wall Street's financial elite.
Raging Bull has received funding from @Ventures, the affiliated venture capital arm of CMGI, Inc. (Nasdaq:CMGI). For more information on Raging Bull, go to ragingbull.com, call Krista Thomas at (978) 684-3141 or email: krista@ragingbull.com.
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