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Posted by R. C. White on December 21, 2007, 8:52 am
Please log in for more thread options Hi, Han.
Thanks for pointing out the obvious - which I had overlooked. Check
clearing does NOT mean stock quotes. Duh!
Daily quotes for MY stocks is a much-appreciated service. Of course I have
many other sources of such quotes, but then I have to make the (slight)
effort to get them and poke them into my Quicken portfolio screen. One Step
Update is SO convenient - when it works - and so frustrating when it
doesn't. I seldom get quotes more than once a day, after 4 PM my time
(CST), after the market close.
And the daily news headlines for MY stocks were much appreciated, too.
Those disappeared a few months ago and I miss them.
RC
--
R. C. White, CPA
San Marcos, TX
(Retired. No longer licensed to practice public accounting.)
rc@grandecom.net
Microsoft Windows MVP
(Currently running Quicken 2008 Deluxe in Vista Ultimate x64)
>
>> Hi, Gang.
>>
>> Maybe most of you already knew this, but it was news to me today!
>>
>> <paste>
>> SAN FRANCISCO (MarketWatch) -- Intuit Inc. (INTU:Intuit Inc
>>
>> 4:00pm 12/20/2007
>>
>> INTU 30.43, +0.34, +1.1%) said late Wednesday it signed a definitive
>> agreement to buy Electronic Clearing House, a provider of electronic
>> payment processing services. Under the terms of the deal, Intuit will
>> pay $17 a share in cash for Electronic Clearing House, including
>> shares issuable upon exercise of options, for a total of about $131
>> million on a fully diluted basis, according to Intuit. The two
>> companies had signed a similar agreement in December 2006 but the
>> parties mutually terminated that deal in March. </paste>
>>
>> Do you suppose this will help or hurt our frequent problems will late
>> or missing daily stock quotes in One Step Update?
>>
>> RC
>
> Seems to me this purchase will not help at all. To me, stock quotes
> appear like something different from electronic payment services. In
> addition, Intit will need to integrate ECH into their own (Quicken, or
> whatever) bill pay systems and that will take manpower away from other
> Intuit "endeavors".
>
> BTW, why are so many people that much hung up on Quicken quote servers?
> Seems to me that many news-related companies provide much better ticker
> services, albeit the free ones may be with a 20 min delay. Those (yahoo,
> bloomberg, NY Times) are not sufficient to keep people up to date? If
> you'd have to pay for up-to-the-minute quotes, wouldn't that be part of
> your "business/trading" expenses? Just curious ...
>
> --
> Best regards
> Han
> email address is invalid
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