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Home > Company Index > Financial Services > Investment Banking & Brokerage > All-Tech Direct, Inc.

All-Tech Direct, Inc.
 NEWS FROM THE STANDARD
Headlines
Jun 18 2001 12:00 AM PDT

Day Trading Truths Stranger Than Fiction
Mar 31 2000 05:42 PM PST

It's Official: Day Trading Is Risky Business
Aug 10 1999 12:00 AM PDT

Day Trading: A Bad Rep Gets Worse
Jul 30 1999 12:00 AM PDT

 PROFILE
All-Tech Direct is still day-trading -- despite heightened scrutiny from various regulatory agencies alleging a variety of offenses. The company's ATTAIN electronic communications network uses Nasdaq's Small Order Execution System (SOES), which executes trades of less than 1,000 shares without stockbrokers. Customers can trade OTC and Nasdaq stocks on the Internet and get real-time quotes at nearly 20 sites in about a dozen states. The firm offers day-trading training and has a stake in Canadian day-trading firm TradeFreedom. All-Tech was one of the firms where day-trader Mark Barton went on a shooting rampage in 1999. Self-proclaimed "SOES bandit" Harvey Houtkin and Mark Shefts cofounded and own the firm.

 COMPETITION
Datek Online Holdings Corp. (dossier)
TRADESCAPE Corporation (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
1998 Sales (mil.): 18.30
1-Yr. Sales Growth: 13.9%
Employees: 114
Revenue per employee: $160,526.32

 KEY PEOPLE
• Harvey I. Houtkin
    CEO
• Mark D. Shefts
    CFO

 CONTACT INFO
160 Summit Ave.
Montvale, NJ 07645
US
Phone: 201-782-0200
Fax: 201-782-9090
Online: Web Site

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