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Does TS2000 have its own server?



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>From the update discussions so far, I'm not clear if TS2000 has its own
server, as does TS4, or uses the vendors server, and just takes data from
it.  Could someone clarify that for me? 

Since not all vendors have true servers, does this vary with the data 
vendor? Is this why TS2000 does not support all vendors?

Thanks,

Larry