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To: anyer who wrote (51857)2/4/1999 12:05:00 PM
From: Mr. Big  Read Replies (1) | Respond to of 119973
 
PQT - expect double digits today or tomorrow - ck this out:

From Boards:
Not surprising if Schwab is looking at PC Quote Level 2/Realtime Charting etc. How will on-line brokers differentiate themselves? At first it was price--but now they are all essentially the same (cheap!). What next--it is going to be the speed, accuracy and quality of their data feeds and order execution systems.

So more and more brokers are going to offer what I get now at AB Watley--PC Quote datafeed providing this wealth of real-time data. AB Watley is growing like mad--from what I hear their business has doubled over the last several months. The majority of their clients utilize their UltimateTrader package--a very positive trend for PQT's revenues. Watley charges $300 to use the service (before trading discounts)--so I would assume every Watley Ultimate Trader user represents $150 or $200 of revenue every month to PQT.

The key question is not how big the market for PQT data is (because we all know it is going to be huge)--the question is who will be the winners in this space (i.e. PQT, DBCC, S&P Comstock, TRAC). I am willing to place a bet on PQT with the stock so cheap in here.