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David,
That's a great question.
But I don't think it's answerable. It's like asking "Where's the market
going to close tomorrow?" You really don't know, the same way you don't
really know if Tradelabs will be around for the long haul. That guy with
the TS block of 1, didn't know if Omega would stay in business. All he
knew is that it solved his problem like no other software could at the
time. So he took a chance, bought Tradestation and it still works for him.
Also it's important to point out that Omega could be sold off or buckle
under too. Look at Equis software. Who ever said product development
isn't important was full of it. Making sure you're adequately staffed to
bring a product market ON TIME before your competitor is extremely
important. Omega kicked Equis's butt because they were first to market
with a Windows-based package. By the time Equis finally released their
Metastock for windows it was too little too late. All the marketing in
world couldn't help them. Their grave was dug during development.
My personal philosophy when buying software is that as long as the package
from the big company does what I need, then I go with that. It's what
everybody else is buying and what will be best supported. That's why I use
mainly MS products.
My point is this: If TradeLabs gives you something that Tradestation
doesn't then you have to take a chance and jump in. It's more risk, but
maybe it will give you a better market edge which is definitely worth
taking the risk.
Good Trading,
Brian.
-----Original Message-----
From: David Cicia [SMTP:David.D.Cicia@xxxxxxxxxx]
Sent: Friday, June 05, 1998 5:20 PM
To: Alan Savant; omega-list@xxxxxxxxxx
Subject: Re: The most significant event since man walked on the Moon!!!!!
One of the only questions I have about the prospects for TradeLab -
having a good sense that Bob Brickey is a high integrity person and knowing
that UMDS is a good product - is this: does Bob's company have adequate
capitalization to stay in business against stiff competition? What good is
a great program if the company behind it cannot stay in business?
Please don't respond with a comparison to Omega. We know what your ideas
are about that! Just your knowledge of Bob's ability to stay in business
over the long haul against very stiff competition. It doesn't matter
whether the competition is any good or not, it just matters that they are
heavy on marketing and sales! So, please no Omega bashing. That is
irrelevant to my question.
David Cicia
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