In the course of researching this question at Google Answers, I visted the site of the US Securities and Exchange Commission to make use of their EDGAR database, and what should I find, but this:
Search the EDGAR Database
Full Text Search (Beta Version) Search the full text of filings from the last two years.
This is big news!
EDGAR is the SEC’s Electronic Data Gathering, Analysis, and Retrieval system, and is one of the larger text-storage databases maintained by the US government. It has long been a gold mine of information on public companies in the US, but a very frustrating gold mine…a deep and valuable resource, on the one hand, but on the other, the lack of full-text searching made it hard to find that needle in the haystack.
SEC’s beta text search, which they slipped in quietly, is a major breakthrough in EDGAR access, and provides a feature which, until now, was only available in expensive private services.
It’s not as sophisticated as a Google search would be, but still, it’s a full light year ahead of where they were last month.
If you do any sort of company research, take note of this splendid new tool.
pafalafaga David Sarokin