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I am a new member to this list, but an experienced (and chagrined)
Tradestation 4.0/2000i user.
Regarding the business model, I believe that Omega is missing the boat. In
addition to the ridiculous number of flaws, bugs, omissions, incomplete
structures, etc. in Prosuite, there is a basic architecture question.
We all spend WAY TOO MUCH time maintaining data. Losing an ISP connection
intraday is devastating (for 2000i users such as myself) with no way to
recover. It normally takes me 15 to 45 minutes to get reconnected following
a computer freeze or ISP loss.
Nights are spent updating portfolios, and trying to download data, again
with the poorly designed historybank.com. I would much rather be writing
code or evaluating trading systems and methods.
I believe that a better topology would be a browser based system (like
q-charts) which allowed user programs (EasyLanguage) to run intraday,
real-time, at the server, with only viewing at the client. This would free
us of this data headache, and also allow us to shift (intraday) to symbols
not already loaded in our portfolios. Assumably the server would be of
great computing power to serve all the users simultaneously.
It would free us of the need for massive local processing power (I am
considering dual Pentium with NT, just to solve the 2000i CPU crunch
problem).
>From a customer service viewpoint, we would only be viewing, relieving OMEGA
(or the company that does this!) of the need to help maintain local
databases everywhere.
This would not be so difficult for one of the high-end data providers to do
now--they only need the EasyLanguage interface. I have personally mentioned
the idea to both Quote.com personnel, and to the NextTrend CEO.
Perhaps Omega could make a deal with one of those companies, as they clearly
don't have the talent to do it themselves. (God help us!)
This is a problem which is most applicable to stocks, obviously.
Anyway, just some thoughts. Comments???
Dave Johnson
-----Original Message-----
From: Chris Baker <chrisbak@xxxxxxxxx>
To: Omega List <omega-list@xxxxxxxxxx>
Date: Thursday, September 09, 1999 11:11 AM
Subject: Re: So, where's the beef?
>----- Original Message -----
>From: John Hayden <sente@xxxxxxxxxxxxxx>
>To: <ggautier@xxxxxxxxxxx>
>Cc: <omega-list@xxxxxxxxxx>
>Sent: Wednesday, September 08, 1999 4:33 PM
>Subject: Re: So, where's the beef?
>
>>Omega should remember what happened with
>> Compu-Trac.
>
>I agree - I'm wondering whether Omega will even be in business 5 years from
>now. Bill Cruz's illusion that Omega has worked hard on their 2000
product
>line is just one of the many problems Omega faces.
>
>The focus on a 30-day warranty period is another significant problem.
That
>is most companies warrant that their products work as documented, not that
>their products work for 30 days. This very short-term focus seems to
>prevail through-out the company.
>
>The lack of focus on quality of Omega's products and support is another
>significant problem, as is the failure to view their customers as partners
>as opposed to someone to be sold something. Overall I'm not sure Omega
has
>the management or the correct business model to be successful in the longer
>term. Therefore looking at other available trading products seems very
>wise at this point.
>
>
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