AboveTrade.com & GiantBear.com Enter Agreement to Deliver Stock-Strategy Alerts to Wireless Devices

    AboveTrade.com, a leading online source for free investment-strategy tools, has entered into a strategic partnership with wireless content provider GiantBear.com, the company announced today.

    Under terms of the agreement, AboveTrade.com (http://www.abovetrade.com) of San Mateo, will use GiantBear.com's technology to deliver its objective stock-analysis content to members' cell phones, pagers, PDAs and other wireless devices. The distributed information will include buy, sell or hold recommendations on stocks held in a member's portfolio as well as daily hot stock leads.

    "AboveTrade.com's focus is to provide individual investors personalized and customizable analysis tools that enhance trading decisions," said Mark Moeller, co-founder and vice president of business development. "GiantBear.com's dynamic technology offers the next level of one-to-one service by allowing us to deliver timely analyses and recommendations directly to members' wireless devices. We're thrilled to be working with GiantBear.com to further empower the investing community."

    The partnership was announced earlier this week at the CTIA Wireless 2000 Show in New Orleans as part of GiantBear.com's official unveiling of its company and business plan. Terms of the deal were not disclosed.

    "AboveTrade.com's objective stock analyses deliver clear and immediate value," said Steven Price, chief executive officer of White Plains, N.Y.-based GiantBear.com. "It is the perfect match for our technology. GiantBear.com's seamless content distribution to wireless devices is revolutionizing the way people receive information. Together, we will help investors make timely and smart trade decisions."

    AboveTrade.com's proprietary analysis technology employs a statistical methodology called trend following to identify emerging upward or downward movements in a stock's price. The nonbiased analysis tools are easy to use and fully customizable to a user's preferences. A unique backtesting feature allows users to validate a strategy's effectiveness, and easy-to-read charts show a strategy's exact historical buy and sell points.


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