Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (3200)	5/14/1999 12:13:00 PM
From: Marc	Read Replies (1) \| Respond to of 4467

GO2NET ACQUIRES IQC.COM Adds Comprehensive Real-Time Financial Charting and Technical Research Capabilities to Silicon Investor SEATTLE, May 14 /PRNewswire/ -- Go2Net, Inc. (Nasdaq: GNET), a network of branded, technology- and community-driven Web sites ( go2net.com ), today announced the acquisition of IQC.com ( iqc.com ) for approximately $20 million in Go2Net stock. The transaction is effective immediately and brings Go2Net a powerful suite of free and subscription-based financial analysis and real-time charting services, which it will fully integrate with Go2Net's Silicon Investor ( siliconinvestor.com ), the Web's premier financial discussion site. IQC's subscription-based IQ Chart includes robust, real-time technical charts, which continuously monitor market indices and individual company performances, updating automatically every minute throughout the trading day. IQ Chart also offers Technical Stock Scan, enabling investors to locate individual stocks based on criteria they select and customize, from more than 100 variables such as technical indicators, fundamental company information, price and volume. Additionally, IQC Chart features IQC Zone, a proprietary stock indicator designed to minimize false signals in volatile market conditions. Using an artificial intelligence algorithm back-tested over 30 years of historical data, IQC Zone displays color-coded bullish and bearish signals for any stock a user selects. IQC Chart is the world's first 100% pure Java-based financial analysis tool and is available for $24.95 per month. "This is a significant step in establishing Silicon Investor as the Web's destination of choice for sophisticated investors, adding some of the most timely and technically advanced financial research capabilities available anywhere," said Russell C. Horowitz, Go2Net CEO. "The number one request for product improvement related to Silicon Investor has been for comprehensive financial charting and equity tracking opportunities. We believe Silicon Investor's loyal base of users will find tremendous value and utility in what IQC brings." Also to be integrated with Silicon Investor, IQC's free-of-charge offerings include comprehensive and continuously updated basic stock charts and tracking summaries of the world's financial indices, including major, secondary, U.S. and international exchanges. The free charts provide technical analysis of all publicly traded companies, along with price history charts covering time increments ranging from every five minutes to monthly. IQC also provides 'Top 10' listings in an array of categories, including the financial markets' most active, biggest gainers (price and percentage) and biggest losers (price and percentage), among other areas. About Go2Net, Inc. Go2Net is a network of branded, technology- and community-driven Web sites focused on the following categories: personal finance, search, commerce, and games. The company also develops Web-related software. The Go2Net Network's properties include: Go2Net Personal ( go2net.com ), which provides users with a comprehensive Internet start page offering customizable news, discussion, and stock information, as well as direct access to Go2Net's own finance, search, free Web hosting, shopping and Java multiplayer game sites; Silicon Investor ( siliconinvestor.com ), the Web's premier financial discussion site; StockSite ( stocksite.com ), which offers proprietary articles, portfolio tracking tools, company research and news relating to business and finance; MetaCrawler ( metacrawler.com ), a metasearch service that combines various existing search/index guides into one service; 100hot ( 100hot.com ), a leading directory of the Web's most popular sites; HyperMart ( hypermart.net ), the Web's leading provider of free business hosting services; Haggle Online ( haggle.com ), one of the Web's premier person-to-person auction services; WebMarket (http://www.webmarket.com), a one-stop comparison shopping service; and PlaySite ( playsite.com ), the Web's premier Java-based multi-player games site. The company's Go2Net Labs division develops innovative technologies to enhance the features and functionality of the Go2Net sites and for licensing to other Internet companies. This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the company's ability to grow its user and advertiser base. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the company's limited operating history, the competitive environment in which the company competes, the early stage of the Web as an advertising and electronic commerce medium, the company's dependence on advertising and sponsorship revenues, the company's dependence on strategic relationships to drive traffic to its Web sites, consumer acceptance of the company's new products and services, the company's ability to develop and integrate new technologies and services into its existing services, and the increased use of the Web for commerce. More information about the potential factors that could affect the company's business and financial results is included in the company's Annual Report on Form 10-K for the year ended September 30, 1998 and Quarterly Reports on Form 10-Q for the quarters ended December 31, 1998 and March 31, 1999, which are on file with the Securities and Exchange Commission. CONTACT: Mark S. Peterson, Director of Public Relations of Go2Net, Inc., 206-447-1595, or mark@go2net.com/ SOURCE Go2Net, Inc. -0- 05/14/99 /CONTACT: Mark S. Peterson, Director of Public Relations of Go2Net, Inc., 206-447-1595, or mark@go2net.com/ /Web site: iqc.com go2net.com

To: keith massey who wrote (3200)	5/16/1999 11:41:00 PM
From: keith massey	Read Replies (2) \| Respond to of 4467

Interesting comparison between Day Trading NASDAQ and NEW YORK. The TSE does offer some definite advantages to both these exchanges. At least we can see the orders, get priority on our fills and get market depth. Now if we could only get fast execution with a little lower commission costs I would be in seventh heaven. To: Eric P (1704 ) From: Eric P Sunday, May 16 1999 11:11AM ET Reply # of 1715 Although my daytrading to date has been exclusively Nasdaq, I have recently begun considering daytrading in NYSE stocks. I would like to hear others comments on the advantages/disadvantages of trading NYSE versus Nasdaq stocks. As I see it: Nasdaq Advantages: 1) Fast executions on ISLD 2) Ability to see Level II data for depth of market 3) Ability to trade after hours using ECN's Nasdaq Disadvantages: 1) SOES useless in stocks that are moving 2) SNET useless in stocks that are moving 3) ISLD trading can result in partial fills (7 shares, etc) 4) Market makers only showing firm quotes for 100 shares 5) 17 second delay given to MM's before they must update quote 6) Even if alone at the inside bid/ask and multiple executions take place at your price, you won't necessarily get filled, as payment for order flow brokers simply fill their orders by matching your price. NYSE Advantages: 1) The NYSE exchange specialist is forbidden from executing an order for himself in preference to filling an existing limit order on his book (i.e. from a customer). 2) Your limit order has equal standing with all other limit orders on the NYSE book. No bypassing your order on NYSE, orders filled based on order entry time. 3) You will never get filled with 7 shares out of a 1000 share order! 4) The stocks move slower and may be more easy to predict direction (?) with lower likelihood of expensive whipsaws(?). 5) The posted quotes are 'real', and therefore give you a realistic hope that they can be executed against (i.e. no 17 second phantom MM) NYSE Disadvantages: 1) Order executions can be much slower due to the trade being filled manually by the specialist using the SuperDOT system, typically 10-60 seconds (is this about right??) 2) The specialist does not have to show the full size of the bid/ask on the book. 3) Payment for order flow firms can bypass your limit order on the NYSE book by executing their customer trades for themselves on regional exchanges. 4) Lower volatility means less movement and thus less profit potential for 'perfect' traders. 5) No ECN's mean larger spreads (???).