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Technology Stocks : Data Broadcasting Corp. (DBCC) -- Ignore unavailable to you. Want to Upgrade?


To: esecurities(tm) who wrote (4736)3/25/1999 6:29:00 PM
From: bargainman  Read Replies (2) | Respond to of 5102
 
If DBCC couldn't move in today's market, when will it ever?



To: esecurities(tm) who wrote (4736)3/26/1999
From: Marc  Read Replies (1) | Respond to of 5102
 
CNNfn.com in Joint Venture Talks with
PC Quote
By George Mannes
Staff Reporter
3/25/99 9:35 PM ET

The financial news site CNNfn.com is in discussions with the
stock-information company PC Quote (PQT:AMEX) to partner on a
joint Internet venture, people familiar with the discussions say.

The venture would combine the original online reporting from
CNNfn.com, a unit of Time Warner (TWX:NYSE), with stock
price feeds and other market data from PC Quote.

"I cannot comment one way or the other," said PC Quote chairman
and CEO Jim Porter. A CNNfn.com spokeswoman declined
comment.

PC Quote, which supplies stock, bond, mutual fund, commodity
and options information to professionals and consumers, started
offering real-time data on the Web in 1996.

Since then, a growing share of the company's revenue has come
from delivering financial data to investors over the Internet, in
addition to its traditional business of transmitting financial data to
investment professionals via dedicated connections and satellite
broadcasts.

The company had revenues of $23 million and an operating loss of
$4.7 million in 1998, compared to revenues of $17.1 million and an
operating loss of $8.9 million the prior year. From 1997 to 1998, the
company's Internet revenues grew from 29% to 44% of total
revenue.

CNNfn.com, which launched in December 1995 along with the
CNNfn Channel, has made ongoing efforts to offer more financial
tools on its site. On Thursday, the site announced the launch of
the CNNfn Bond Center, using bond information supplied by
BARRA (BARZ:Nasdaq). The company billed the new area as the
"most complete source for free, searchable bond information on
the Web." Earlier in March, the site launched an online comparison
shopping service utilizing a new search engine from Inktomi
(INKT:Nasdaq).

The CNNfn.com site already contains stock quotes from Standard
& Poor's, as well as links to Intuit's (INTU:Nasdaq) Quicken
site. It was unclear what effect, if any, an agreement with PC
Quote might have on these other arrangements.
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