To: Investor Clouseau who wrote (1228 ) 4/13/2000 2:58:00 PM From: 2MAR$ Respond to of 2005
Track Data Announces Cancellation of Three-For-Two Stock Split NEW YORK, Apr 13, 2000 (BUSINESS WIRE) -- Track Data Corporation (Nasdaq NMS: TRAC), a provider of online trading and market data services, announced today that its Board of Directors cancelled the planned three-for-two stock split of its common stock that was to be payable on April 19, 2000 to holders of record on April 12, 2000. Barry Hertz, Chairman and CEO, said, "Based upon current market conditions, it would not serve the best interests of the company or its stockholders to effect a split at this time." 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. 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 browser phones and PDAs such as Palm Organizers. Download myTrack software or open a trading account atmytrack.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. Additional information may be obtained by contacting Laurel Louison, Investor Relations, at 718-522-7373 or by e-mail: laurel_louison@tdc.com. Distributed via COMTEX. Copyright (C) 2000 Business Wire. All rights reserved. -0- CONTACT: Track Data Corporation Laurel Louison, 718-522-7373 (Investor Relations) e-mail: laurel_louison@tdc.com. KEYWORD: NEW YORK INDUSTRY KEYWORD: INTERNET BANKING Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story ***