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I personally know of a half dozen or so SC2/3 owners who were seriously
contemplating the $600 upgrade to TS EOD while waiting for release of TS4.
With the only difference between SC and TS EOD being the enhanced
development capability of the Power Editor, Omega was effectively pricing
the Power Editor at $600 - perhaps a reasonable multiple of commercial
general purpose programming languages. By killing the TS EOD version with
release of TS4, Omega raised the price of the Power Editor to $2400 which
killed the SC to TS upgrade market for end of day traders and investors.
Many of those who required the advanced development capabilities of PE
simply used other avenues ranging from Excel to Visual Basic and C++.
Earl
-----Original Message-----
From: Mark Jurik <mgj@xxxxxxxxxxxx>
To: 'Omega List' <Omega-list@xxxxxxxxxx>
Date: Friday, October 09, 1998 6:35 PM
Subject: RE: OMGA Hits New Lows
>I still question the wisdom of their discontinuing TradeStation EOD. As
>long as there is nothing offered by competitors to fill in the void, I
>guess the plan to force customers to "buy up" works. However, nature
>abhors a vacuum, as does the market. Sooner or later, competitors will
>have products to satisfy the demand for a product in the $1000 price range.
>
>The trend is clear. For example, I was just informed that the next version
>of MetaStock will have DLL capability. This will entice developers of
>add-ins for Omega products to offer a similar line for MetaStock users,
>making MetaStock even more desirable.
>
>There's no turning back. By dropping TS EOD, Omega enjoyed a short term
>income boost, but for the long term, it assured an increase in competing
>products. Good for the public, bad for the stock.
>
>- Mark Jurik
>
>
>
>
>-----Original Message-----
>From: Hinton Clabaugh [SMTP:clabaugh@xxxxxxxxx]
>Sent: Friday, October 09, 1998 11:59 AM
>To: omega-list@xxxxxxxxxx
>Subject: OMGA Hits New Lows
>
>Omega stock touched 1 1/16 earlier today. Last spotted at 1 1/4, down
>almost
>5%.
>
>
>
>"Past Performance Gives No Indication of Future Profits: At Least We Hope
>Not."
>
>
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