Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Track Data Corporation TRAC -- Ignore unavailable to you. Want to Upgrade?

To: JD who wrote (885)	3/15/2000 1:15:00 AM
From: Investor Clouseau	Respond to of 2005

no problem Jerry, the last report was a little confusing; >>>"In the fourth quarter of 1999, myTrack services comprised $2,260,000, as compared to $406,000 in the fourth quarter of 1998, an increase of 457%. We expect to obtain our own broker-dealer license in the second quarter of 2000. Until we obtain the license, trading revenues include only those from licensing our trading system, rather than the full commission. Had we recognized full commissions, myTrack revenues for the fourth quarter of 1999 would have been $3,853,000, as compared to $2,463,000 in the third quarter of 1999, an increase of 56%.<<< After reading just the above part, I would agree with you; however when you read the paragraph preceding that one; >>>Marketing and advertising costs for the quarter were $1,907,000. These marketing costs will continue to adversely affect earnings in the future. Further, in the fourth quarter, the Company incurred costs of $307,000 for certain internal system and third party system failures related principally to trade cancellations.<<< Mytrack rev's for the Q 2,260,000.00 -advertising for the Q 1,907,000 -incurred costs for the Q 307,000 ___________________________________________________________ total for the Q 46,000.000 you can see that the advertising and incurred costs offset the increase from MyTrack sales. The data business is still solid and not offsetting the gains of MyTrack. Those expenses should be minimized now that their OLB is a little more mature and word of their superior system is spreading word-of-mouth. Also, many other OLB's are shying away from online trading of OTCBB's and TRAC is the only one I know of that's embracing that portion of the market. :) IC (long TRAC)

To: JD who wrote (885)	3/15/2000 7:01:00 AM
From: Mike E.	Read Replies (2) \| Respond to of 2005

Hi JD. Let me start by saying I am LONG on TRAC and I use Mytrack for both data feeds and online brokerage services. I have some complaints with the service, but I have similar complaints with every OLB I've been around or heard similar stories from others that use OLB's. Growing pains - everybody's got 'em. Don't get me wrong, I'm not excusing it just trying to explain it. TRAC needs to address all of their customers' (frustrated or not) concerns. That being said, I am long on this stock because of phenomenal growth rate of their "growth rate". The CEO has stated in previous releases that 7,500 trades per day was their "break even" point, therefore I see profits coming from the Mytrack unit: TRACK DATA REPORTS RECORD DAILY TRADING VOLUME FOR ITS myTrack ONLINE TRADING SERVICE NEW YORK, NY-March 15, 2000-Track Data Corporation (Nasdaq NMS: TRAC) today reported a new milestone for its myTrack online trading service-11,000 daily trades. myTrack achieved the 11,000 mark for the first time yesterday, March 14th. Daily Trades Date First Reached 5,000 December 13, 1999 6,000 January 24, 2000 7,000 February 4, 2000 8,000 February 23, 2000 9,000 March 1, 2000 10,000 March 7, 2000 11,000 March 14, 2000 "We've now doing approximately double the daily trading volume we were doing at the beginning of the year," said Barry Hertz, Track Data Chairman and CEO. "Any time you can double the trading volume in less than three months, you have to be pleased." Earlier this week, in anticipation of the 20,000 trade milestone, Track Data announced "The $20,000 Guess," a contest for its myTrack members. Users of the online trading service will be invited to guess the first day myTrack reaches 20,000 trades in a single day. The prize for guessing the correct date is $20,000. The contest will start April 3rd. Users will have one week to register a guess. Track Data is a New York-based financial services company that offers myTrack, a fully integrated Internet-based online trading and market data system. myTrack offers the first week of trading commission-free. To open a trading account, go to mytrack.com and click on the "Open a Trading Account" button. myTrack delivers a continuous dynamic stream of live market data and investors' online trading activity. Trading is offered at prices starting at $12.95 per trade. myTrack is delivered over the Internet powered by application-based software and a constant server connection similar to systems used by professionals, making it faster than the HTML web site-based static pages offered by most of its competitors, such as ETrade (Nasdaq: EGRP), Schwab (NYSE: SCH), and National Discount Brokers (NYSE: NDB). myTrack delivers free streaming delayed quotes and unlimited free real-time extended quotes, as well as breaking company news, a trade by trade log, charting for technical analysis and a proprietary library of intraday market statistics. For $19.98 per month plus exchange fees, users can subscribe to streaming real-time quotes. A menu of features, including Nasdaq Level II, is available separately or in value packages. In addition to PC-based trading, myTrack offers wireless access through such devices as the Palm (made by Palm Inc. (Nasdaq: PALM)). Download myTrack software or open a trading account at mytrack.com or call 1-800-myTrack. For information about myTrack's SDK, go to mytrack.com . Track Data provides real-time financial market data, news, fundamental research, charting and analytical services to institutional and individual investors through dedicated telecommunication lines and the Internet. _______________________________________________________________ If you do not wish to receive any more e-mail regarding myTrack please forward this email message to unsubscribe@tdc.com. >@>>+>=>->mernst@interaccess.com

To: JD who wrote (885)	3/16/2000 11:18:00 PM
From: 2MAR$	Read Replies (1) \| Respond to of 2005

Totally messes up Again!! ---->here's some "bad" data from Mytrade: quote for GLW is showing $174 and +4 up to the EOD...showed no movment all day into the close.... Find out later , the actual price was $195 ...+24 3/4's, LOL! I watched GLW all day and was waiting to buy, but it never showed any movement right into the close. And all the while it was moving up into the 190's, but not on the screen. Love to know what happened, there? Innaccurate data feed , to say the least....can cost you thousands, in missed ops. Unbelievable how many ways this system can figure out ways to fail....just incredible. In the Navy they used to call it ----> FUBAR! The price of this stock deserves to stay right where it is for the next 3 mos! IMHO