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Re: MS 7.2 upgrade A JOKE - Its over folks!



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Mike:
You are right.  this should have been sent as a 
private e-mail.
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 Logan 
  
  To: <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
  Sent: Thursday, March 29, 2001 6:52 
  AM
  Subject: Re: MS 7.2 upgrade A JOKE - Its 
  over folks!
  
  Time to move on and spend our energy and time 
  productively on using 7.03 or 7.2 or whatever version to make money and enjoy 
  life.
  Mike Logan
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    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    Lionel Issen 
    
    To: <A title=metastock@xxxxxxxxxxxxx 
    href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
    Sent: Wednesday, March 28, 2001 9:35 
    PM
    Subject: Re: MS 7.2 upgrade A 
JOKE
    
    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
           
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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.  
            <SPAN 
            class=138134017-27032001> 
            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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