RE: The most significant event since man walked on the Moon!!!!!

[Brian Massey <bnm03@xxxxxxx>]

David,

You're right.  We do agree.  And so I'll share with you (and the rest of 
the world), my very very personal opinion about the advantage of TradeLabs. 
 I've been to their web page and this is what I concluded.

Really, TradeLabs will not make you a profitable trader if you are not 
already a profitable trader with Tradestation!

Why switch?  I'm sure there are a whole HOST of technical reasons why TL is 
cooler (compared to TS4) but I trade just fine with 4.  Why do I need TL?

Also, I don't want to spend time debugging someone else's code.  There's 
more new code in TL then in TS5.  A new company will have a long way to go 
to catch up to Omega who's been building their company for a long time.  As 
you pointed out, once development is over then marketing and networking 
become the dominant forces.  All of this take $$$.  Lots of it. And Omega's 
already got it down pat.

I've beta tested TS5, it's nice -- and this is from a normally skeptical 
programmer. If TL and TS5 are comparable in features then price will be an 
important issue.

Per your original letter, I was assuming that you wanted to switch 
(up/down??) to TL but were undecided because you didn't know how stable the 
company would be.

We seem to agree that it's better to capture the middle of the trend rather 
than try to pick a bottom.

Thanks for sharing your thoughts.

Brian.


-----Original Message-----
From:	David Cicia [SMTP:David.D.Cicia@xxxxxxxxxx]
Sent:	Saturday, June 06, 1998 2:42 AM
To:	omega-list@xxxxxxxxxx
Subject:	RE: The most significant event since man walked on the 
   Moon!!!!!

At 11:04 AM 6/6/98 -0700, Brian Massey wrote:
>
>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.

Brian,
  This would seem to argue for staying with TradeStation, because it is
backed by the bigger company - exactly my point - UNLESS the other company
shows enough of an advantage to warrant the risk in switching.
  Will this new company be able to stay in business, and will it be able to
continue to provide product support even if it does not make enough money
from sales to keep operating?
  As to Mark's point, that Bob makes his money trading, that is (or should
be, I think) irrelevant, because any good business keeps itself separate
from personal funds, and measures its viability on its own receipts. For
real now, the business could fold and Bob continue to make millions
trading. He is not doing this as a charity you know!

David Cicia