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Microcap & Penny Stocks : Sagamore Capital Trading, Inc. -- MORE -- Ignore unavailable to you. Want to Upgrade?


To: Bob Witt who wrote (5)2/2/1999 1:30:00 PM
From: Andrew Garrison  Read Replies (1) | Respond to of 120
 
Sagamore Trading Group, Inc. to Offer Online Stock Trading

MARGATE, Fla., Feb. 2 /PRNewswire/ -- Sagamore Trading Group, Inc.
(OTC-Bulletin Board: MORE) (Frankfurt Stock Exchange: VON-913306) announced today that it plans to enter the on-line investment services arena through its wholly-owned subsidiary, Time2Trade.Com, Inc. ("T2T"). T2T was set up to provide cost-effective on-line investing services, allowing its customers real-time Level 2 trading capabilities while offering a combination of innovation, technology, service and value. While similar in many aspects with other internet trading sites offered through other companies such as those of
Ameritrade Holding Corp. (Nasdaq: AMTD) and E*TRADE Group, Inc.
(Nasdaq: EGRP), the Time2Trade.com suite of internet trading applications is anticipated to provide an effective real-time trading system that can be personalized for various levels of sophistication and trading requirements. The T2T internet online investing site is in the final stages of development, with plans calling for it to be operational during the second quarter of 1999.
Sagamore's online trading services will feature an easy-to-use graphical user interface as well as the ability to easily create personalized trading environments reflecting the user's individual needs and interests. Customers will be able to access Time2Trade.Com through Internet online service providers and via touch-tone telephone. Automated order placement, portfolio tracking, related market information and news are planned to be available 24
hours a day, seven days a week.
Sagamore Trading Group, Inc. is an aggressive, growth oriented company primarily focused upon the development and investment in managing and developing systems in the investment and day-trading of various public stock equities by supplying and coordinating the equipment, computer hardware and software, as well as training which enables qualified individuals to practice what has come to be known as the "day-trading" of securities. "Day-trading" can be characterized as the trading of securities according to various
criteria or "systems", the goal of which is to profit from the short-term fluctuations in various stock positions within the U.S. equity marketplace.
All statements contained herein (other than historical facts) are based upon current expectations. These statements are forward looking statements in nature and involve a number of risks and uncertainties, including but not limited to economic, competitive, governmental and technological facts affecting the Company's operations, markets, products and prices, as well as other factors. Actual results may differ materially from the anticipated results or other expectations expressed in the Company's forward looking statements. Generally, the words "anticipate", "believe", "estimate",
"expects", "plan", and similar expressions as they relate to the Company and/or its management, are intended to identify forward looking statements.

SOURCE Sagamore Trading Group