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Daniel,
That is correct. But you can add some intelligence into the export formula
to only export last week's data unless there was a new split factor or
something.
But this is rather complicated for a new user of the program to do. We can
write that formula but we rather wait and add it to the Windows 95 version.
--Steve
At 10:14 AM 7/8/97 -0400, DanMartinz@xxxxxxx wrote:
>Steve,
>Could you tell me if my assumptions are correct here: With your product I
>would update the StockWiz database first, then copy over and replace the
>stock prices in the MetaStock database. The entire price history of each
>individual stock MetaStock file would be replaced. This means if I
>maintained all US stocks in the MetaStock database at 220 MB, everyday I
>would erase about 220 MB and write 220 MB. Is this correct?
>
>Thank you,
>Daniel.
>
>
>In a message dated 97-07-08 08:35:27 EDT, isoft@xxxxxxxxxx (i-Soft, Inc.)
>writes:
>
><< Daniel,
> That is correct. Furthermore, you will not need the Equis Downloader
> to read the ASCII data. We provide a program that scans your disk
> for Metastock directories and then updates them directlry (with all the
> history that will be in your StockWiz database). Those programs are built
> using the Metastock File Format library which we license from Equis.
> In other words, once you have all the data in a StockWiz database you
> can select companies to export directly to Metastock directories or
> to update all existing Metastock directories. For more details on this
> visit http://www.stockwiz.com/daily.html and
> http://www.stockwiz.com/updatem.html.
>
> --Steve
>
>
>
> At 03:15 AM 7/8/97 -0400, DanMartinz@xxxxxxx wrote:
> ><< The people at Equis do have in a way of importing split factors from
> > a text file but they do not make it available to third party developers.
> > Just look for the <SPLIT> file header in their documentation. It is listed
> > as a header but it is not explained. When I asked their technical support
> > for an explanation they told me that it is for use by Metastock only.
> >>
> >
> >
> >Steve,
> >thank you for your response. If I were to use your service to maintain my
> >MetaStock database in the older 256 file/directory format (Investor's
> >Reference Library), it would not be Equis's responsibility to adjust for
> >stock splits or ticker name changes. While maintaining a 5 year price
> >history of all US Stocks, I estimate there would be no more than 20 changes
> >per day. Because the IRL uses the older MetaStock format, it is
>technically
> >possible for the smaller vendors to make these changes.
> >
> >All you need to do is create, on a daily basis, one large ZIP'd ASCII file
> >containing all of the US Stocks and another small file containing the
>changes
> >to be made. Before using the Equis Downloader to incorporate the new data
> >into my database, a small program written by your company would use the
>small
> >file to make these daily changes.
> >
> >Daniel.
> >
> >
> >In a message dated 97-07-06 14:03:46 EDT, isoft@xxxxxxxxxx (i-Soft, Inc.)
> >writes:
> >
> ><< Re: Why can't info providers work better with MetaStock?
> > Date: 97-07-06 14:03:46 EDT
> > From: isoft@xxxxxxxxxx (i-Soft, Inc.)
> > To: DanMartinz@xxxxxxx, metastock-list@xxxxxxxxxxxxx
> > CC: support@xxxxxxxxx, gary@xxxxxxxxxxxxxxx, help@xxxxxxxxxxxx,
> >scotts@xxxxxxxxxxxxxxxxx
> >
> > Dan,
> >
> > We at StockWiz (http://www.stockwiz.com) have taken a slightly different
> > approach. We ask that you maintain a StockWiz database on your PC. This
> > database will typically contain daily prices for about 10,000 US
>companies.
> > Then we provide a set of free programs that scan your disk for all
>Metastock
> > directories and create a batch file that in one step everyday it will
> > update all of your Metastock directories. By updating the split factors
> > within the StockWiz database you do not need to worry about that in the
> > Metastock files.
> >
> > Since StockWiz (without the data) is also free to download from our web
> > site you can use it with data from other vendors. Just place your
> > data in a text file with records of the format
> > TICKER,YYYYMMDD,OPEN,HIGH,LOW,CLOSE,VOLUME. In other words the dates
> > must be in the format of 19970131. The compression will also be
> > better if the Volume is expressed in 100s. I have tried this with
> > the daily files from Quote.Com and it worked just fine. You will
> > though need to write a little utility to reformat the data.
> >
> > The people at Equis do have in a way of importing split factors from
> > a text file but they do not make it available to third party developers.
> > Just look for the <SPLIT> file header in their documentation. It is listed
> > as a header but it is not explained. When I asked their technical support
> > for an explanation they told me that it is for use by Metastock only.
> >
> > --Steve
> >
> > At 09:44 PM 7/3/97 -0400, DanMartinz@xxxxxxx wrote:
> > >John,
> > >if a user installs the full Investor's Reference Library on his drive, a
> > >third party vendor should be able maintain this database with little or
>no
> > >manual changes to stock splits or ticker changes. Because the IRL uses
>the
> > >older 256 files/directory format, the smaller data vendors should be able
> >to
> > >write a small update program to automatically change MetaStock files for
> > >stock splits and ticker name changes. Since many data vendors are
>already
> > >writing their own mini-technical analysis programs, they should be able
>to
> >do
> > >this one simple task. I am not asking for a lot here and this would not
>a
> > >complicated program.
> > >
> > >Daniel.
> > >
> > >
> > >In a message dated 97-07-02 14:53:50 EDT, John Manasco writes:
> > >
> > ><< Dan
> > >
> > > Regarding stock splits: Metastock has no way of knowing about a stock
> > > split the Downloader doesn't see so if you're not using the Downloader
> > > to directly collect prices you're going to have to do the adjustments
> > > yourself. The information on adjustments is sent by the data provider to
> > > the Downloader.
> > >
> > > Maintaining a second database and the inconvenience of doing manual
> > > adjustments seem to be the price you pay for not using one of the built
> > > in data providers. I use Telescan and get equities, indices, and mutual
> > > funds for $29.95 per month. Plus I only have one database to maintain
> > > and the stocks adjustments are done automatically. Do you really think
> > > the savings are worth it? Maybe so.
> > >
> > > John
> > >
> > >
> > > DanMartinz@xxxxxxx wrote:
> > > >
> > > > I will be buying the Investor's Reference Library CD-ROM stock price
> > >database
> > > > which uses the old 256 files per directory format. It has 5 years of
> > >data.
> > > > The new MetaStock v6 directory format is not an issue here.
> > > >
> > > > I have MetaStock v6. Every single information provider on the Net
>makes
> > >you
> > > > maintain their database IN ADDITION TO METASTOCK'S. I have a 1.6 GB
> >drive
> > > > with Microsoft's DriveSpace 3 compression software. I thought I had
> > >plenty
> > > > of room. Now I find I will barely be able to squeeze all the data I
> >want
> > > > because of this duplication. I don't need a second database! The
> >CD-ROM
> > >I
> > > > get with MetaStock has 5 years of data. I can get others with even
> >more.
> > > > Why would I need a second and smaller 2 mos database maintained
>daily?
> > > >
> > > > Also, many stock price info providers make you MANUALLY go in and
>change
> > > > stock splits and ticker name changes. If I maintained all US stocks,
>I
> > >would
> > > > have to change 15 per day! Instead of wasting time and effort
>creating
> >a
> > > > technical analysis program, stock price info providers should
> >concentrate
> > >on
> > > > information and conversion to other technical analysis program
>databases
> > > > only. You can now get a cheap TA program for $50. These TA programs
> >are
> > > > Windows 95 based and always better than the programs supplied by info
> > > > providers. They specialize in this field. The only way I can have
> > > > everything done automatically is if I use MetaStock's Reuters service.
> > > They
> > > > want $35/month. There is no way I am going to pay $35/month for just
>US
> > > > Stocks end-of-day!
> > > >
> > > > Why is this so complicated???!!
> > >>
> >>
>
>
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