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People need programming. Programmers, expert in TA,
cost $250/hr. Business men, nowdays, don't want to pay that much to an employee.
They might pay that much for lunch, but not for someone who knows more than they
do about the nifty little charting co. they just bought.
Add it up: $250/hr. x 2000 hrs/yr. is $500,000.
Now you are talking about what he has to pay to get into that important country
club his wife has selected for him.
What we think they need is a VP & general manager
for Equis who understands how to listen to important users give expert
consultaion advise, completely free of charge, on net boards, and e lists.
But, life, evidently, isn't like this in
business, today; because to do this the VP - Gen Mgr. will have to hire two new
people: One, the programmer at $259/hr., and then another expert to explain to
him what it all means.
The boss adds all this up in his head before cocktails
and sees an extra expense of over $1,000,000 million a year, which is what his
new boat was going to cost - and frankly, just says no. No one, certainly, as
low on the totem pole as anyone at equis, who reads this, will successfully
challange him on this matter.
Remains,
MR
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Ron Scott
To: <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx">metastock@xxxxxxxxxxxxx
Sent: Wednesday, March 28, 2001 5:13
PM
Subject: RE: MS 7.2 upgrade A JOKE
<SPAN
class=940565321-28032001>John-
<SPAN
class=940565321-28032001>
All
I can say is I agree with you completely, and I hope that Equis replies in
detail to your questions and that you will post it here. You have done a great
job of expressing in a more detailed way the thoughts I had in my earlier
post.
<SPAN
class=940565321-28032001>
I'm
not sure AIQ is that much better in terms of listening to it's customers, at
least since their aquisition by Track Data (it seems all the big data
companies want to buy a software company, but don't know how to manage
it--just like Reuters). However, the price/value with AIQ is much better;
$79.95 per month for real time data and that includes the price of their
software. Reuters wants $64.95/month for data, and $200/month
plus for E-Signal and $1700 up front for the software! Metastock needs to
get to work and improve their product so it will benefit serious traders. We
don't need the marketing hype, and we don't need to be "milked" as you put
it.
<SPAN
class=940565321-28032001>
<SPAN
class=940565321-28032001>Sincerely-
<SPAN
class=940565321-28032001>
Ron
Scott
<FONT
face=Tahoma>-----Original Message-----From:
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of John RSent: Wednesday, March 28, 2001 1:29
PMTo: metastock@xxxxxxxxxxxxxSubject: Re: MS 7.2
upgrade A JOKE
Mickey,
I have to agree with you that on the
information I have seen to date V7.2 release looks poor value. After reading
the Equis PR release it was not clear to me what exactly was new or improved
from V7.03. I therefore emailed Equis support yesterday and asked
specifically:-
1. If System Tester now works across multiple
selected securities simultaneously.
2. If Internet integration feature is now fully
customisable by users (I am in UK so hard coded US site links are useless to
me).
3. Are the new 26 "Trading Systems" which are
included customisable by users or are they just closed black boxes like many
of the Experts shipped with Metastock.
4. Have any improvements been made to formula
language.
5. Is there a comprehesive list of all the new
features and improvements in V7.2 from V7.03 (not just a Press
Release).
When I get a reply will post info
here.
IMO Equis seem to have lost their
direction since the takeover by Reuters. They certainly don't
appear to be listening to what existing Metastock users want (although they
must be aware becuase they monitor this board and the Yahoo Equis
board). I suspect Equis are under increasing commercial pressure from
competitors like AIQ who have made big inroads into the TA market. It now
seems Equis are attempting to milk their user base for easy
revenue with successive minor upgrade charges plus charging for various
black box plug-ins/add-ons. Personally I think the approach of closed black
boxes and protected Experts etc. is completelly at odds with the reason
most users buy Metastock i.e. to design, experiment and test their own
trading ideas. It also worries me that Equis has found it necessary to
go out to a 3rd party for these plug-ins etc. - why didn't they do the
development themselves?, what about the support issues? Commercially
Equis may be trying to make Metastock more attractive to new users of TA
software but this market is well saturated already. I don't know why
Equis don't just stick to the traditional strengths of the MS product
and concentrate on enhancing it by LISTENING TO EXISTING USERS - then the
product really would be great. I also happen to use AIQ (no other
connection other than user) and they operate in almost complete contrast to
Equis. They have an excellent user group and beta test group plus the
developers are pro-active in encouraging input on new features
required. The AIQ product is not perfect (are they ever?) but they have made
enormous progress in the past 2 years by being open and really listening to
what user want and then making sure they have delivered it. Apologies if
this sounds like a plug for the AIQ product - it's not meant to be (MS
charting is better) - it's a plug for the way the AIQ company does
things.
IMHO one thing is for sure - if Equis do not wake
up soon there is only one direction they will be going (it aint up) and
that would be very sad for all us MS users.
John
----- Original Message -----
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<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=Michel.Amelinckx@xxxxxxxxxx
href="mailto:Michel.Amelinckx@xxxxxxxxxx">Michel Amelinckx
To: <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx">Metastock User List (E-mail)
Sent: Tuesday, March 27, 2001 7:04
PM
Subject: MS 7.2 upgrade A JOKE
I believe if you have your own systems
the new MS upgrade is just an other joke. One thing WOULD BE GREAT
is the testing on multiple securities but wait before you get too exited
because I have the feeling this is only for those new systems which they
added. So I believe it's better to by the add-on of Mr. DeBRY
<A
href="http://www.debry.com/software_tools_and_services.htm And">http://www.debry.com/software_tools_and_services.htm
And most probably those new systems will be password protected so
experienced traders who would like to implement some things are left in
the cold. So I strongly belief apart those new systems nothing is
valuable. So people who don't have a GOOD system jet to trade may
have something with this. But I believe most experienced traders
have already their system and style. So would this suggests that MS is
pointing too the NEW inexperienced traders and letting the old experienced
traders out to dry. If this is the case they should strongly change
their adds in TASC and other magazines.
Access the internet within
MetaStock, so you can view internet content side-by-side with your
MetaStock charts. Now you can access the internet
instantly from your chart’s shortcut menu and bring it right up on your
screen. Plus, MetaStock 7.2’s new Web Resources feature lets
you set up links to your favorites web sites. Then, with the click
of a mouse, MetaStock will access up-to-the-minute information relating to
your security, and display it next to your
chart.
This is already possible to add
icons with WWW links in MS
Make your trades online
within MetaStock, anytime, anywhere. It’s never be easier
to trade online. Because now you can choose the location within
MetaStock 7.2 that’s most convenient for you, with the Online Trading
toolbar. MetaStock 7.2 works with Preferred Trade and other web
based trading sites.
Same thing I have already an icons in
MS so when I click on it I get to my order entry screen of my
broker
Refresh button is already
there
Maybe for users who use Data on demand
there are some new features, but anyone knows the best value/money
services are QuotesPlus and TC2000 so I don't care about this thing what
they are trying to push us in using.
If I see all this I believe this is
not AT ALL made BY LISTENING TO THE REAL USERS, the traders. And for
this I like to ask the MS EOD USERS (not sales or tech people of
MS) on this list what you thing about all this.
Greetings
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