To: agent99 who wrote (7529 ) 7/19/1999 7:51:00 PM From: TFF Respond to of 12617
Quote.com Surpasses 5,000 QCharts Subscribers Subscribers average 5.3 hours per day using QCharts; eye equity and options markets Mountain View, CA-July 14, 1999 - Quote.com, Inc. (http://www.quote.com), the network for the investing revolution, today announced that QCharts - its Wall Street-quality investor workstation - has surpassed 5,000 subscribers. QCharts has enjoyed enormous success since its launch in June 1998, opening up the world of real-time investing to a new set of individual investors who have in the past found other systems too expensive or too hard to use. This fast and intuitive tool is designed for both individual investors and investment professionals with its unique combination of streaming Nasdaq Level II quotes, direct quote feeds from Island ECN, and advanced charts and technical studies. The company recently announced that QCharts would soon offer integrated point-and click broker trading, a service currently being tested among select QCharts customers. "The dramatic growth of QCharts over the last year reflects our ability to understand the individual investor and active trader markets, and to deliver products to meet these needs," said Robert Honeycutt, president and CEO of Quote.com. "Quote.com is committed to providing investors and investment professionals with the best in market intelligence, tools and transactions, and we will continue to develop leading edge applications, empowering our customers to take charge of their financial futures." "With the anticipated growth of online trading, we are pleased to be able to serve all traders, from the day trader to the investment professional," noted Gibbons Burke, Business Director of Active Trader Products at Quote.com. QCharts customers are primarily active "day" traders and investment professionals. Company data of QCharts 5,000+ customers show: Users average 5.3 hours a day watching the markets with QCharts Users average 42.1 trades per month 23 percent of QCharts subscribers are full-time traders 85 percent of QCharts users trade stocks 46 percent of QCharts users trade options 26 percent of QCharts users trade futures 19 percent of QCharts users trade mutual funds