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Good Morning Omega Users:
Taking all the complaining and emotionalism out, here is what you got.
A PRODUCT THAT SHOULD STILL BE IN BETA TESTING.
This is fact. Omega has seen real competition come into a market they had
dominated for years. In my opinion, they have been under the gun and running
scared of the competition for the last year. They see comparable products at
half the price. Their market share is probably declining in midst of the
biggest growth period of individual traders in history.
Omega has not been able to keep pace in the face of rising complexity. The
consumer wants high-quality products at low prices and they want them NOW.
Every business, whether it's a producer of products and services, or a
supplier to that producer, has to deal with shrinking time to market while
keeping quality high and price low.
Omega has not been able to shrink it's product cycle. Updates, revisions and
new products take longer and longer and with lower quality each time.
I believe Bill and Ralph Cruz had a cutting edge idea, at the right time. It
is easy to mark success, when you do not have competition. Success
initially, is measured by how much money you make, at least until
competition comes about. Then, it turns to the ability to manage your lead
in the industry and the value you bring to your customer. As the competition
grew, they have not displayed the ability to manage this complexity. They
do not have the business intelligence to let go, and turn the reins over to
more qualified leadership. My father once told me, the difference between a
good leader and a great leader is a great leader knows his limitations,
admits them, and find the resources to overcome them.
The consumer has an extremely negative view of this company. They are where
the future revenues will come from, not from analysts expectations.
The time has come for Bill and Ralph to bow out. If not, they may face a
declining business environment at Omega Research and lose what they have
already built.
Please, for once try listening to the market place.
Respectfully,
Richard Chehovin
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