Friedman Billings Ramsey Group Inc.'s on-line investment banking/brokerage subsidiary is using Vienna, Va.-based MicroStrategy Inc.'s Web site to send its customers personalized financial information via the Internet, telephone, and wireless devices.

Services provided through include the development of customer profiles, such as information preferences. End-users of the site can subscribe to certain types of research, for example, and specify a preferred means of receiving it.

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