AboveTrade.com to Deliver Investment Advice to SINA.com Users.Business Editors/High-Tech Writers SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--April 17, 2000 AboveTrade.com, a leading online source for personalized investment-advice tools, announced today a strategic alliance with SINA.com, a leading Internet destination for Chinese communities worldwide. Under this agreement, AboveTrade of San Mateo, a registered investment advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in , will include its custom stock analysis and strategy tools on SINA.com's financial pages, giving prominent access to AboveTrade' s objective investment advice on one of the Internet's most highly trafficked sites. As of February, SINA.com averaged over 16 million page views per day. SINA.com will feature several components of AboveTrade's investment advice toolkit. Included will be a search tool which generates lists of daily Hot Stock Leads consisting of stocks with emerging upward trends. Also included will be AboveTrade's Quick Stock Advice tool, a feature that delivers instant buy, sell or hold recommendations for thousands of securities trading securities trading, financial activity involving transactions of property such as stocks, bonds, commodities, and currency (see securities). Although the trading of stocks and bonds dates back several centuries in many Western nations, the development of the in on major U.S. markets. "AboveTrade is committed to providing individual investors around the world with customizable analysis tools that will help them make smarter trading decisions," said Co-Founder and Vice President of Business Development Mark Moeller. "Our partnership with SINA.com marks the beginning of our expansion into the international marketplace and instantly gives SINA.com's millions of daily visitors an objective source of stock advice." "AboveTrade's stock-analysis tools are extremely straightforward and will deliver immediate value to our users," said Hurst Lin, U.S. general manager and vice president of business development at SINA.com. "SINA.com's finance page currently offers colorful and diverse content, providing the latest finance news, Chinese CBS (Cell Broadcast Service) See cell broadcast. MarketWatch news, analysis of the U.S. stock market's performance for the past 30 days, extensive coverage of the market situation in China, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. and Taiwan, and updates on personalized portfolios comprising of stocks in the U.S. and the Greater China markets. Together with AboveTrade, we will help our visitors make wiser and more timely trading decisions." AboveTrade's technology employs an analytical methodology called trend following which identifies emerging statistical trends and upward or downward momentum in a stock's price. The nonbiased analysis tools are easy to use and allow users to create custom trade strategies according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. their preferences. A unique backtesting feature allows users to validate a strategy's effectiveness, and easy-to-read charts show a strategy's historical buy and sell points and performance. About AboveTrade.com Launched in December 1999, AboveTrade.com (http://www.abovetrade.com) has rapidly become one of the Internet's leading financial services sites. The company provides statistical-modeling technology that offers daily analyses on thousands of U.S. securities. Users can build customizable trade strategies for specific stocks, leverage strategies developed by other members and receive email alerts whenever stocks listed in their portfolios need attention. AboveTrade provides analysis on, and trade strategies for, thousands of companies. For example, its leading one-year strategy for Cisco (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) has returned nearly double what a buy-and-hold strategy Buy-and-hold strategy A passive investment strategy with no active buying and selling of stocks from the time the portfolio is created until the end of the investment horizon. Opposite of active strategy. would have returned. Similarly, leading strategies for Microsoft (Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ), Oracle (Nasdaq:ORCL ORCL Oracle (stock symbol) ) and Yahoo (Nasdaq:YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ) have all returned significantly more than buy and hold for the previous year. To learn more about AboveTrade.com, visit http://www.abovetrade.com or e-mail: info@abovetrade.com. About SINA.com SINA.com is a leading Internet destination network for Chinese communities worldwide, offering online news, entertainment, community and commerce. SINA.com offers a Chinese language network of four localized web sites that are produced and updated daily by local teams in China, Hong Kong, Taiwan and North America. Voted number one by China Internet users in both the December 1999 and June 1999 semi-annual surveys conducted by the China Internet Network Information Centre, or CNNIC CNNIC China Internet Network Information Center CNNIC China Network Information Center , SINA.com is a popular Internet portal for the world's largest population group. As of February 2000, SINA.com had approximately 16.6 million average daily page views and 3.1 million registered users. To learn more about SINA.com, visit the company's websites at www.sina.com, www.sina.com.cn, www.sina.com.hk, www.sina.com.tw, or the English-language demo site at www.sina.com/eng. |
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