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Going public means they will have brokerage analysts badgering them to
pieces every week for earnings estimates.
Mgmt will become fixated on quarterly profits; cost accounting will take
over customer service. Their non-responsive tech support will decline even
further.
If now is the time for owner to bail out with a public offering you can be
on the lookout for some radically better charting package on the horizon
developed far away from Omega, that will cause all chart providers to either
wake up or move aside.
An interesting question now is really, just what is the state of the art in
charting?
Master Chartist used to be the leader. Subscribers got tired of renting.
Then came Omega with its programability. It became a hot item, and still is.
MS sort of came in strong and stayed there, but hasn't done anything lately,
except try to get MS to work on W95.
Nirvana is a gorgeous program and faster than anything else in existence,
but what? The new RT isn't ready yet? or it has problems? And it doesn't
have enough programability. Does anyone know?
What about Papyrus? They ran full page color ads when they came out with
their first offerings. They had everything. Better than Omega and MS
combined. But where are they now? I don't see them advertising much
anymore. What happened? Was it too expensive and didn't sell in volume? Did
it have flaws?
With 56 bps satellite feeds on 18" dishes ready now, and ISDN 128,000bps
lines coming in from phone companies at reasonable prices, and 300Mhz
SuperPro Pentium II's available soon at $1299 where is the super duper
software going to come from?
It is fairly clear that the programmers are staying far behind the hardware.
Is that because all the good ones are being hired away by the big bonehead
managers to try and fix their y2k problems?
How much would it cost to hire some Russian and Chinese programmers to
create a new custom program, with modular units to permit rapid expansion to
overcoming all the minor irritances we see expressed here every day on data
handling, charting inadequacies, etc. etc.
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