QUOTREK - streaming wireless quotes.

Nana_Trader,

The 6000 series of iPAQs will be released soon (March/April). I know that HP is looking to deploy a PPC phone with one of these models. I would be willing to bet it is with a GSM carrier (ATTWS, T-Mobile, Cingular). The 5555 is the creme de la creme right now for iPAQs even though I think the 4100 series models are pretty darn good with all of them having built in Wi-Fi AND Bluetooth.
Best thing though is that you can run either MidCast Pro or Quotrek on each device! :cool:

We have a couple old Quotrek users as well and they all speak very highly (almost lovingly) of their old Quotrek machines. If I'm not mistaken it is still possible to use those in NYC........
 
Quote from ChartingMarkets:

The quotrek, my old friend. Quotrek was very useful to me back during 94-98 especially during 94-95 when I would use that "high tech" gadget to receive quotes via FM radio waves. The unit had a little stand "like a desktop picture frame" that would prop it up so you could leave it on your desk all day. Back during 94-95 I was working at Oppenheimer Brokerage in the World Financial Center. The computer quotron (not to be confused with the quotrek); (that black and green screen low tech puke) was far away from my "cubicle". So with the quotrek I would be able to have it follow 30 or so stocks and also have alerts on them for price or volume. It was damn handy machine. It looked like a handheld radio to the untrained idiots aka my bosses and they never bothered me about it. Thats because the antenna was 3 feet long or so it seemed.

During this time I was swingtrading. I would print my charts out at night from my Telescan charting system on my 386 computer and 28k modem. I would identify the best trades for 1-10 day trading periods and set my alerts on my quotrek for the breakout or breakdown as the case may have been. My charts would be in a nice little folder entitled "Things to get done for Oppenheimer today" so nobody would be suspicious. Once my alert would go off in realtime on my quotrek I would pick up the phone to call my WaterHouse Broker or NDB Broker. Remember there were no internet brokers back then. It would only take about 2-3 mins of waiting on hold to lovely music to get through to a broker. The brokers were oh so pleasant and always went through the same routine of asking your name, account number, Social Security #, and the secret question (Pets name). Afterwards a few customary polite societal exchanges would take place and I would place my trade. Then I would wait for them to repeat it back with the speed of a sham artist offering up info on a pay per minute 1-900 line. Finally after about 5-7 mins on the phone with my broker the trade would be placed and I would have to wait for another 5 mins or I would call back to see where I got my fill if at market or if at all, when at limit. For this I only paid about 35-50 dollars per trade, considered to be very cheap by the way at the time compared to a Fidelity or Merrill.

My quotrek was the backbone, the hardware of the operation that allowed me to escape my confines of corporate servitude. Quotrek you are like the poster that covered the hole in Shawshank redemption. I want to thank you little Quotrek and I'm glad to see you are reincarnated once again.


amen, my brother. i would hide mine on the shelf in my cubicle and run a wire around the outside of the cubicle to eliminate having to raise the 3 foot antenna thereby avoiding suspicion. i actually traded options with the thing via olde' discount.

there is film footage of paul tudor jones walking out into traffic in NYC while looking at his qoutrek in the movie "trader". it's a great scene !

best,

surfer
 
Quote from hillcast2:



We have a couple old Quotrek users as well and they all speak very highly (almost lovingly) of their old Quotrek machines. If I'm not mistaken it is still possible to use those in NYC........



remember, back then, live qoutes were difficult to find without being with a firm. the quotrek made you a blurry one eyed man in the land of the blind.

best,

surfer :)
 
Quote from hillcast2:

Nana_Trader,

The 6000 series of iPAQs will be released soon (March/April). I know that HP is looking to deploy a PPC phone with one of these models. I would be willing to bet it is with a GSM carrier (ATTWS, T-Mobile, Cingular). The 5555 is the creme de la creme right now for iPAQs even though I think the 4100 series models are pretty darn good with all of them having built in Wi-Fi AND Bluetooth.
Best thing though is that you can run either MidCast Pro or Quotrek on each device! :cool:

We have a couple old Quotrek users as well and they all speak very highly (almost lovingly) of their old Quotrek machines. If I'm not mistaken it is still possible to use those in NYC........

Thanks
 
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