Stock Quotes Now Available Through Prudential Online
SANTA CLARA, Calif., Oct. 28 /PRNewswire/ -- Prudential Securities and Quote.com announced today that they will jointly offer financial market data to customers of Prudential Online, the "account access" portion of Prudential Securities' "Virtual Branch Office" Internet site at http://www.prusec.com. Effective immediately, the site will offer price quotations on 15,000 securities. The Dow Jones Industrials, Nasdaq Composite, S&P 500, and other market indices will be included.
The quotes, which will be subject to a 15-minute delay, will be offered through Quote.com, a leading provider of online financial market information (http://www.quote.com). They will include the opening price, high, low, last, price change, volume, bid, ask, exchange, number of ticks, and the four most recent prices.
Stock quotes will also include balance sheet data, including price/earnings ratio, yield, dividend and 52-week price range. The service will be available free to Prudential Online customers who register for it.
"We chose to partner with Quote.com because they are a proven, brand-name provider of quality online financial news and information," said Stanley Witkowski, executive vice president of Prudential Securities. "This alliance brings Quote.com's content-rich financial offering to our customers, providing them with timely information about their investment decisions."
"We are delighted that Prudential Securities has chosen Quote.com as a partner," said Chris Cooper, president of Quote.com. "This alliance moves forward our mission to be the standard offering for online financial market news and information. Working with Prudential Securities helps us build a powerful network of partnerships that help business and individual investors make sound decisions."
One of the most successful subscription services on the Internet, Quote.com's subscriber base has grown steadily to more than 150,000. Quote.com has continually increased the number of features and offerings for its users, and partners, and recently enhanced its content-rich news with QNews, delivering personalized news from 500 leading sources through e-mail, or directly to the screen, live on the Web site (subscribers choose the method they prefer, and indicate a choice of full text, summary news article, or headlines only).
Prudential Securities introduced Prudential Online in January 1996. The site allows clients to review the daily status of their accounts, including their cash balances, the total net worth of their portfolios, and the market value of their securities, their transaction history, portfolio allocation and the funds available for withdrawal.
The web site includes a Virtual Branch Office for web browsers, featuring daily market updates, information on investment products and services, and a Financial Advisor Locator, where browsers find the nearest branch by selecting a state or entering a zip code.
About Prudential Securities
Prudential Securities, Incorporated is a fully diversified, global securities firm based in New York City, serving clients in the U.S. and overseas through approximately 6,000 Financial Advisors. The fifth-largest brokerage firm, Prudential Securities is a subsidiary of The Prudential Insurance Company of America.
About Quote.com
Quote.com, Inc., founded in 1993, is the leading Internet provider of sophisticated financial information for individual, professional and institutional investors. The company delivers a one-stop premier service for stock quotes; detailed market data on options; commodity futures; mutual funds, bonds; real-time business news, market analysis; fundamental financial (balance sheet) data, and company profiles.
Quote.com, Inc. is a privately-held company that is venture funded by Sequoia Capital Corp., of Menlo Park, Calif. Quote.com is based in Santa Clara, Calif., and its services can be accessed via the World Wide Web at http://www.quote.com, by sending a blank e-mail to info@quote.com or by calling 408-327-0700.
SOURCE Quote.com
-0- 10/28/96
/CONTACT: Nola Armijo of the Jona Group, 415-552-1515, or nola@jonagroup.com, for Quote.com; or Susan Atran of Prudential, 212-214-3846, or susan_atran@ccmail.prusec.com/
CO: Quote.com Inc.; Prudential Securities Inc. ST: California IN: MLM FIN SU: PDT
DC-GZ -- SFM037 -- 8971 10/28/96 06:00 EST http://www.prnewswire.com

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