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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: mchip who wrote (13688)2/23/1999 2:49:00 AM
From: Richard Miller  Respond to of 122087
 
I have it, but it's not expensive, and it's a very competitive marketplace. Hard to see how they can make much money.



To: mchip who wrote (13688)2/23/1999 8:48:00 AM
From: HRAKA  Read Replies (2) | Respond to of 122087
 
mchip,
They <TRAC> did not go to the 10's because of it's software. Compare the chart to the release of the PR about offering On-line trading. Their software may be pretty good, but thats what they've been doing for years with upgrades here and there and their revenues are NOT growing. TRAC's revs have been between $45,000,000 and $47,000,000
since 1995. If memory serves correct (could be wrong here) for the 3 qtrs of '98 their revs are on track to be lower than last year, not significantly - 1 to 2%.
Hraka