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November 22, 1998

INTUIT SET TO BUY QUOTE.COM

By CBR Staff Writer

Financial software house Intuit Inc is reportedly in talks to buy privately-held Quote.com, which provides real-time stock-quote information and stock-charting capabilities. A deal between the two Mountain View, California-based companies could be announced as early as next week, according to The Wall Street Journal, which cites unidentified sources familiar with the situation. The deal would help Intuit further its plans to become the leading source of online financial information. One of the first sites to offer financial information on the web, Quote.com has been providing its services since 1994. The company and has attracted a large user base and boasts some highly-regarded technical tools. Neither company would comment on the report.

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