Dow Jones To Upgrade PIR With Convex Supercomputers, IAC Software

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Dow Jones & Co.'s Professional Investor Report newswire will undergo a complete makeover in the next 12 months. The two-phase plan calls for PIR to be transplanted to a new development infrastructure by mid-year, and to add new alerts covering an expanded range of market data elements by early 1992.

PIR's new areas of coverage will include international equities, stock options and stock quotation information, according to John Perrone, systems project supervisor at Dow Jones' information serv

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