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SMS Stock quotes - would you use the service?     

TullettJ (MoneyAM) - 10 May 2004 13:58

Hello,

I am investigating the possibility of us being able to provide stock quotes via SMS.

The way I am seeing the service work is:
You text a number we provide with a request for a stock quote, You then get a reply back via text with the stock details (Buy/Sell/Mid/High/Low)

I can see other uses for the service, like being able to provide alerts direct to your mobile (so no need to set up email->SMS gateway, they would also be optimised for SMS rather than email)

End of day prices for a selection of stocks of your choice

End of day portfolio valuations.

As this is just in the research stage at the moment I need to get an idea of numbers of people that would use any of the above (to see if it is commercially viable), i am looking towards reverse billing (so you get billed via your mobile phone bill) and I would look at difference pricing schemes depending on the service...

So:
1) would you use the service?
2) How much would you pay to use the service?
3) Can you think of other services we could use with this technology?

Any feedback is greatly appreciately.

J.

crystalclear - 13 May 2004 13:51 - 10 of 10

Just so that I'm not going completely of course, I'll add another note about SMS. If you wanted simple charging, maybe you could charge for received SMSs, and accept SMSs of the form :-

QUOTE ATV
ALERT ATV BID >= 100

The first could give an immediate reply, and the second a delayed reply. The reply would be of course when ATV went up high enough to trigger the alert.
Payment would then be in the cost of the SMS sent to MoneyAM.

The bees knees version would allow you to edit the alerts ONLINE, so that untriggered alert could be modified. That way if a company went bust, a user could change the ticker symbol, or if the price started falling, and one wanted to top up instead, one could change it to, eg

ALERT ATV OFFER < 20

=====================================================================

Anyway what I really came here to say, is that an INVESTORS ROOM button at the bottom of the threads would be quite useful. I mentioned this once on a rival site, and it later appeared, although whether it appeared as a result of my comment, I rather doubt.

Here I have POST REPLY, and a couple of good INSERT LINK buttons, which are strangely missing when using EDIT, and if I remember right, insert at the bottom rather than at the cursor position, which means I don't always use them and so cannot remember exactly what they do.

Pictures inserted as an afterthought, are useually best at the top, as a sort of header, so I prefer "insert at the cursor position" (after all, what is a cursor for?).
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