To: bargainman who wrote (4737 ) 3/26/1999 10:57:00 AM From: esecurities(tm) Respond to of 5102
>>If DBCC couldn't move in today's market, when will it ever? Data vendors fuel investor power NEW YORK (CBS.MW) -- No longer content to follow the advice of "experts," investors are taking control of their own portfolios. Confident in their ability to make decisions and anxious to play their hunches, only one necessary ingredient limits their market maven potential -- information. Enter financial content providers, offering real-time quotes, technical charting, quantitative analysis, historical data, financial statement analysis, research and news. Supplying information to discount brokers, institutional traders and money managers, behind-the-scenes data providers are poised to profit from investors' growing participation in the market and escalating competition for their trades. "Investors never realized this kind of financial information was available, because for a long time, it wasn't," said Jim Porter, president and chief executive of PC Quote. "Now there's a huge demand for this information. It's empowering individual investors." Leading financial content providers and potential beneficiaries of industry trends include PC Quote (PQT), Data Broadcasting Corp. (DBCC), Market Guide Inc. (MARG), and Telescan Inc. (TSCN). These firms integrate and condense financial information to disseminate throughout the financial community, and often aggregate information via their own websites. "There is a tremendous amount of demand for information from professional institutions as well as the investor marketplace, and we fulfill that need in the high-end market from our own site and through distributors," said Dennis Slovak, vice president of sales and marketing for Market Guide. The group has climbed in recent weeks, buoyed by optimism about earnings and opportunities for growth on the Internet. PC Quote has led the group's gains, up 50 percent since February, DBC has gained 15 percent since the end of February, and Market Guide is up 6 percent..." source: © 1999 By Binti Harvey, CBS MarketWatch Last Update: 2:18 PM ET Mar 20 Silicon Stockscbs.marketwatch.com ???