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Re: MS 7.2 upgrade A JOKE



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Michael Robb:
 
Your posting is a little unrealistic. Good 
programmers BC, before the recent crash, were getting around $50 to $80 per 
hour. I am not talking about what a payroll company might charge. With the 
massive layoffs that have occurred, good programmers will accept lower hourly 
rates.
 
A wise manager will pay for any service what it is 
worth to him. It may be minimum wage or lawyers rates. In your discussion, the 
manager should delegate operating the software to a competent assistant.  
The manager's job is to manage, not running time consuming computer programs. If 
the manager is frittering his money away, his bills will catch up with him 
sooner or later.
Lionel Issen<A 
href="mailto:lissen@xxxxxxxxx";>lissen@xxxxxxxxx
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Michael Robb 
  
  To: <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
  Sent: Wednesday, March 28, 2001 6:51 
  PM
  Subject: Re: MS 7.2 upgrade A JOKE
  
  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> 
    <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> 
    <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> 
    <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&#8217;s shortcut menu and bring it right up on your 
        screen.  Plus, MetaStock 7.2&#8217;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&#8217;s never be 
        easier to trade online.  Because now you can choose the location 
        within MetaStock 7.2 that&#8217;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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