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MY POST! 6-10-99
really Dave are you stealing my ideas and giving them to other competitors?
let em come....
TraderWareX is a web based product (for now). Why? its was harder to do but
I felt like the main concerns of a trader is to trade and study and not
become a maintenance man. I was so sick and tired of getting a product and
then getting the data feed and then patching in historical intraday data
somewhere and then patching in historical eod data from somewhere. So we
decided to eliminate all the data maintenance on the users part as much as
possible. Other than make a few choices in the software of how you want
data retrieved and stored ect. All you have to do is punch in a symbol and
enjoy. However you can call the data into other applications like excel
and such and you can have the historical database completely on your
computer so that you can use our product as a stand alone offline as you
wish.
Mark
ps just think of the time wasted every time thousands of customers each have
to correct a bad tick in their data. we have taken the approach that a
centralized data server should be responsible for doing this or that a
client side filtering process should handle this automatically. So that is
exactly what we have done.
----- Original Message -----
From: Dave Johnson <dsj000@xxxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Thursday, September 09, 1999 1:35 PM
Subject: 2000i and data feeds
> 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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