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With a current "reported" base of 30-35K TS / dongle owners, Omega can't
keep repeating this cycle indefinitely (unless they are no more than a
boiler room operation). A bull market in stocks or commodities keeps it
going, but should a stock bear market or protracted correction occur, TS
sales will plummet even if it promises the Holy Grail. Bear markets are as
unforgiving of vendors as they are of traders who don't understand how to
trade the damn things.
If the widely quoted 90% blow out rate is to believed, then the "true" TS
base shrinks to only 3,000-3500 owners. Now there's not much of an
incentive for Omega to provide a Y2K patch, is there? It would be
interesting to know how many active users are out there, wouldn't it?
Probably more than 3,500, but I'd bet it's a whole lot less than 35,000.
Tony Haas
Larry Wright wrote:
>Remember the business model - sell to newbies, make *sure* they can't
>transfer the license, and watch them drop out. If one believes the 90%
>attrition rate, virtually all the $$$ comes from new, gullible newbies,
>impressed mostly by the 'eye candy' and the easy code pitch. So guess what
>they show? Guess what they hide :-).
>
>If you keep this model in mind, it explains a lot...
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