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sorry shaven head guy, but you were scooped over a year ago. omega's newbie
i-net churn and burn strategy is old hat. at least the yankees did better
:))
next question....what will omega do when ronald reagan's bull market ends
in 2008 when we boomers begin our mass exodus outta stocks??? bear markets
and corrective phases were very unforgiving to those in the brokerage end
of things in the past. will the new paradigm change things? in the meantime,
let the good times roll!!!!!!!!!!!!!!!
TJ
a diehard royals fan
from a prophetic discussion between OM and TJ in October....1998!!!!!!!!!!!!!!
Date: Sun, 11 Oct 1998
Trade Jack wrote:
<<the only e-trading scenario that might have merit in the immediate future
is one where you can shoot your orders directly into the pit via a pit
trader's hand held device. that's available now on a limited basis.>>
Absolutely. Expansion of this is Step 1. The expansion's in the works,
as
you know.
You'll see TS 5.0 totally integrated with Zap Futures (using CUBS) by the
end of '99.
Good trading,
The Omega Man
So what will be Step 2?
At Mon, 8 Nov 1999 18:31:07 -0500, "John F. Berentson" <jfbnyc@xxxxxxxxxxxxxxxx>
wrote:
>>From my October message:
>
>....I predict that Omega will offer an integrated product, feed and
>software, for a fixed monthly fee. This will get them into the monthly
>recurring revenue business, which is generally a much more attractive
>business model than their current one. If this takes place, the emphasis
>of
>customer support will be placed on the monthly subscribers rather than
>the
>one-time software purchasers with no-charge running program changes
>which
>will be collected as a for-charge update for program owners.
>
>>From Bill Cruz's Internet Strategy conference today:
>
>"Every month more than 20,000 new prospects contact us about our software,
>but with TradeStation priced at $2,400, and users paying an additional
>$150
>to $200 a month to a third-party vendor for real-time data, most of
>these
>potential users were priced out of the market. But by seamlessly integrating
>both decision support and streaming real-time market data for one value
>packed monthly fee, we can offer an affordable TradeStation.com to the
>millions of current on-line traders, who are just now beginning to recognize
>that real-time decision support tools can help them make more profitable
>trading decisions."
>
>
>For this prediction, I get bobkes. Now if I could predict the daily
>close of
>the S&P, _that_ would be worth something.
>
>
>JFB
>Shaven Heads Trading
>NYC
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