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At 6:30 PM -0500 1/8/99, gil ward wrote:
>Has anyone heard anymore about omega Y2K fix? The server marks all year
>2000 contracts as 90 and expired. Is there a class action suit? I don't
>see any way to collect ticks for 2000 now?? Thanks for any info.
The text below is from the Omega web site.
Bob Fulks
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YEAR 2000 ISSUES
Many of our customers and prospective customers have been inquiring about
Year 2000 issues as they relate to Omega Research software products. To
respond, we would like to use this space to explain what we perceive the
Year 2000 issues to be and how we intend to address them.
First, Version 5 of the Company's products, which include TradeStation 5,
OptionStation 5 and Omega Research ProSuite 5 (all of which are currently
scheduled to be released in the first quarter of 1999) and SuperCharts 5
(which is scheduled to be released sometime after the releases of the
above-named products), will be Year 2000 compliant. This will be the case
because both the Omega Research GlobalServer on which such applications
run, and the applications themselves, will recognize and utilize century
mark or 4-digit, rather than 2-digit, dates.
The current shipping versions of the Company's products, TradeStation 4,
OptionStation 1.2, TradeStation ProSuite 4 and SuperCharts 4 all utilize
Julian dating, in which each day is identified sequentially, as opposed to
being identified as a 2-digit date for a particular year. The use of Julian
dating, accordingly, does not raise any Year 2000 issues. However, these
current shipping versions do permit users to enter dates using the 2-digit
year format. Therefore, 2-digit years, such as 01 and 02, that are input
are currently read by the software as 1901 and 1902, even though 2001 and
2002 is what is likely intended. Further, futures contracts with expiration
dates beyond December 31, 1999 are not currently identified as post Year
2000 dates by the programs. The Company expects to offer, on or before June
30, 1999, to all registered customers in good-payment standing of the
current shipping versions, an appropriate solution to such Year 2000
issues. It is possible that such solution may eliminate a user's ability to
analyze data prior to 1920. For a "work-around" solution that may be used
until such solution is delivered, please visit Support-Bulletins Section of
our web site and read the recommendation of our customer support manager.
We will use commercially reasonable efforts to complete the Year 2000
solution by no later than June 30, 1999. However, there can be no assurance
that unanticipated difficulties will not delay the Company's Year 2000
efforts, or that modifications made will not adversely affect existing
functionality of the products in ways not currently anticipated by the
Company. There will be no Year 2000 modifications or solutions for any
versions of the Company's products introduced prior to the current shipping
versions, or for any products not specifically named above.
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