Tapes of New York Stock Exchange share prices appeared prominently inside and outside of brokerage offices, and specific quotations were obtained by sending a telegram to a central office, which eventually was replaced by using
Quotrons. Information about holdings and cash balances of accounts came to us daily on paper, perhaps two pounds a day.
In a typical securities-fraud class-action suit, plaintiffs, attorneys control the filing, prosecution, and settlement of the action.(49) Plaintiffs' attorneys use Quotrons and other information devices to monitor stock prices carefully.50 Suits often follow large, precipitous drops in a company's stock price.
Egan, Chairman of EMC Corporation) ("We think [the plaintiffs' attorneys'] Quotrons are connected to their word processor.").