Last year, Californian entrepreneur Chris Cooper bought a Sun workstation and a T1 line and started QuoteCom, a service that provides financial information over the Internet. After just three months, he had 4,000 subscribers, and they're still rolling in at a steady pace today. Apart from providing a useful service, Quotecom is also the perfect example of how a small business can use the Internet to its advantage.
Using a Web browser, investors can check cur-rent securities prices or scan financial info from Standard & Poor and the usual business-news wires. The money-minded can also register a portfolio of stocks and bonds on QuoteCom's computer, which sends out price updates and news clippings for each item in the portfolio at the end of day. All this for as little as US$10 a month.
Cooper's next step is not only to expand financial information - he's also thinking of setting up online trading. Watch out, Reuters.
Check out the markets at http://www.quote.com.
SCANS
The Angriest Guy in All of Cyberland
QuoteCom
