Talk The Talk - Industry Trend or Event - Glossary

Industry Standard, The, Feb, 2001

NET TERMS SLIP INTO THE MAINSTREAM

BASHERS: Short sellers and sourpusses who flame companies in chat rooms, driving down the stock price.

ECHS: Electronic Communications Networks. Match, buy and sell orders electronically.

QUOTE-TO-CLOSE: Not quite cradle-to-grave, but covering every step of a loan process. As in, "Did you check out the back end on that quote-to-close mortgage ASP?"

EDGAH: Electronic Data Gathering, Analysis and Retrieval System. The SEC site that makes public information about public companies available to the, er, public.

PUMP AND DUMP: When a chat room cheer-leader revs up stock prices (the pump) to sell shares at a higher price (the dump). Not exactly legal.