Cowen & Company to Offer horsesmouth Service to Its Correspondents.NEW YORK--(BUSINESS WIRE)--June 24, 1998--horsesmouth, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the online broker community, today announced that Cowen Cowen is the name of: Places:
Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the services to the correspondent firms for which Cowen provides clearing and execution services. "We believe so strongly in the value of horsesmouth to retail brokers that we wanted to make the service available to our growing network of correspondent firms. At Cowen, we always are interested in ways of adding value to our services, and by offering horsesmouth, we are giving our correspondents an extra edge," said Jeffrey B. Kiley, managing director. Founded in 1918, Cowen & Company has over 55 correspondent relationships. The firm also has 11 domestic and five foreign offices. horsesmouth is a rapidly growing Internet-based information service designed specifically for retail registered representatives. The site contains only the highest quality independent research, practical business-building tips, and news and features of interest to brokers. Contributors include Forbes magazine columnist columnist, the writer of an essay appearing regularly in a newspaper or periodical, usually under a constant heading. Although originally humorous, the column in many cases has supplanted the editorial for authoritative opinions on world problems. George Gilder George F. Gilder (born November 29, 1939, in New York City) is an American writer, techno-utopian intellectual and co-founder of the Discovery Institute. His 1981 bestseller Wealth and Poverty and widely quoted economist Ed Hyman, as well as experts covering industries including semiconductors, retailing and petroleum. horsesmouth is available only to registered representatives, and is devoted to helping brokers identify, serve and retain clients in the most professional manner possible. In addition, a growing list of "best of the Net" information sources are included with the service: TheStreet.com, Market Guide, Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. and IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. Monitor. "We created horsesmouth to help brokers get clients and keep clients," said co-founder and managing director William T. Nicklin. "With all the attention given to the growth of online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. , everyone seems to overlook the fact that stockbrokers are in terrific demand both by investors who want advice and counsel, and by brokerage firms who recognize the value of superior investment professionals. We believe that knowledgeable brokers will have even a greater role in personal finance in the future, and we're using the latest technology to help them succeed." Nicklin added that brokers may become horsesmouth Members individually or as part of a firmwide program. Individual memberships are available at $99 a month.
CONTACT: horsesmouth, LLC
William T. Nicklin, Managing Director
212/343-8760, ext. 21
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