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IRL creates, or adds to, MetaStock data folders. The data is then no
different than any other MetaStock data file. Any file received in
ASCII format, which I believe QP's file is, should then be converted
into your MetaStock files.
As far as "extortion" I will only say that is not the case. There are
many issues that always come into play with all third party vendors, be
they data vendors or other types of software vendors. I am sure
management here at Equis looks at many factors that the support
department and you are not privy to.
Equis Support
> -----Original Message-----
> From: DanMartinz@xxxxxxx [SMTP:DanMartinz@xxxxxxx]
> Sent: Monday, June 30, 1997 7:39 AM
> To: derek7422@xxxxxxxxxxxxx; metastock-list@xxxxxxxxxxxxx
> Subject: Re: Equis noncooperation with data vendors
>
> Equis Support and anyone who uses Quotes-Plus:
> If this is true then I am also disappointed. I do have a question
> about
> Quotes-Plus. I may be using this data provider. I am also going to
> decide
> next week about the American Association of Individual Investors or
> Investor's Reference Library product.
>
> IRL places its database into a MetaStock readable directory tree. If
> I use
> the IRL product, will I be able to update its CD-ROM database with
> Quotes-Plus? From what I understand, you download one ZIP'd file from
> the
> Quotes-Plus FTP site using a browser such as Netscape 3.01. Then you
> either
> can use the Downloader or Quotes-Plus's software to update the
> MetaStock
> (IRL) database. Is this correct?
>
>
> Daniel.
>
>
>
>
> IIn a message dated 97-06-27 22:15:09 EDT, you write:
>
> << Subj: Equis noncooperation with data vendors
> Date: 97-06-27 22:15:09 EDT
> From: derek7422@xxxxxxxxxxxxx (derek b)
> Resent-from: metastock-list@xxxxxxxxxxxxx
> Reply-to: derek7422@xxxxxxxxxxxxx
> To: metastock-list@xxxxxxxxxxxxx
>
> Gary Lyben of Quotes Plus reports on SI today that Equis has reneged
> on
> their promise to assist data providers. After promising for months
> that
> the new Equis data-file structure would be made available free of
> charge
> to data providers, Equis now is demanding a royalty kick-back fee for
> the data file format.
>
> This is the same nonsense that Omega has extorted. DTN's new real
> time
> service will be unusable by Tradestation users because DTN refuses to
> pay the royalty.
>
> DTN, like QP, has attempted to carve out a value niche among data
> providers. I am extremely disappointed to see that Equis is not
> cooperating with data providers in providing the new data file format
> free of charge to the data vendors.
>
> In plain speak, this means that the ancient 255 maximum securities
> per
> directory will continue for 3rd-party data providers unless they
> knuckle
> under and cough up the extortion fee.
>
> Lousy business decision, Equis.
>
> Derek
>
> >>
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