Lotus's Signal At One Year: Hasn't Met Expectations, But Is Doing Better Than Most


Lotus Development Corp.'s first year as a market data vendor has been bittersweet and ironic. While sales of the firm's Signal quote service have fallen far short of original expectations, Lotus has managed to gain a foothold in certain niches, and claims to be growing faster than most of its competitors. Meanwhile, the Quotrek hand-held receiver, which Lotus originally had hoped would go away quietly, has turned into a star performer.

"It's hard work and it's frustrating and there are

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