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Any comments on the following announcement? What do we have to expect?
Regards,
-- Michael
-------------------------------------------------------
We are pleased to announce that Quote.com has been officially acquired by
Lycos,
Inc., one of the most visited hubs on the Internet. The Lycos Network is
the
fastest growing network, which will give us the audience and resources to
rapidly
expand and improve our services.
Some of immediate improvements underway are:
1) Improved monitoring and network operations support. Quote.com will
leverage
the vast resources, expertise, and methods used by the Lycos Network
Operations
team to increase reliability, system performance, and uptime of the
Quote.com
services. The Lycos monitoring, network operations center (NOC), networking
security, vendor management, data center support, and system administration
teams
have begun working with the existing Quote.com personnel to review and
enhance
the operational support of the services.
2) Lycos.Quote.com will be adding a third server farm location, creating
triple
redundancy (combined with East and West coast servers) and added capacity.
This
will allow more internet paths to our servers (increased connectivity), as
well
as addressing recent queuing issues that have caused some delays when
accessing
charts or time and sales windows. This new server farm is expected to be
online
by the end of February 2000. In addition, we are upgrading the processor
speeds
of our current servers to allow higher loads and more data requests.
3) Another important improvement is the upgrade of our data feed from our
data
vendor. This change of speed from 128kbps to 256kbps will double the
capacity
of the feed and will alleviate the current situation of missed updates of
the
Bid / Ask, Volume and Trades from the Options Pricing Reporting Authority
(OPRA).
This upgrade is also expected to be completed by the end of February 2000.
The above changes are part of our on-going commitment to improve our
performance,
so you will be able to perform trading and investment analysis more
efficiently.
With the backing of Lycos, Inc., the future of Lycos.Quote.com is bright.
We
appreciate your patience with us during Quote.com's tremendous growth and
will
continue to strive toward being the best provider of market data on the
Internet.
Sincerely,
Lycos.Quote.com Client Services
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