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NEW YORK (Dow Jones)--The Investors Alley financial Web site (www.investorsalley.com) and its stock newsletter both resumed operations Monday after being sidelined by technical problems for the past several weeks.
Editor-In-Chief Brett Klasko said the Investors Alley Web site (www.investorsalley.com) crashed two weeks ago as a result of problems with its main computer server. The site remained down longer than officials initially anticipated in order to install more powerful servers, Klasko said.
On July 1, Investors Alley is slated to relaunch both the daily news letter and its Web site, redesigning the publications to add variety to the news letter and breaking news to the Web site.
"We needed to get the site on more high powered servers rather than just looking for a temporary solution," Klasko said. "Especially now, we did not want any more unexpected downtime."
The Market Cap newsletter - compiled by Investors Alley and sent to more than 4,000 members via e-mail - resumed circulation Monday, after almost a month offline.
Officials suspended circulation initially for a week in order to plan the July 1 relaunch. But problems with the Web site complicated matters, Klasko said.
"We couldn't send (the news letter) out. All the servers were down," he added. "But we did manage to retrieve all the e-mail addresses."
(Copyright (c) 1999, Dow Jones & Company, Inc.)
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By Johanna Bennett