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"Entire companies have been built on data vending
alone -- more than software alone -- so the growth potential for OR is
good."
The above statement does not make sense given the problems with
HistoryBank.com and the poor QA of TSi2000....especially for real-time
trading.
I don't think OR can do a good job as a Realtime data vendor given the
recent QA track record.
Poor quality does not equate with growth potential in a service-related biz.
> -----Original Message-----
> From: Brian Massey [mailto:bnm03@xxxxxxx]
> Sent: Wednesday, November 10, 1999 4:27 AM
> To: 'omega-list@xxxxxxxxxx'
> Subject: RE: Omega $ide $trategy
>
>
> "With TS, you have your system on your own computer. With the new OR inet
> strategy, YOUR system will execute on THEIR computer. YOUR new ideas will
> be on THEIR computer. YOUR system tests will be on THEIR computer. YOUR
> real-time trading results will be on THEIR computer. Everyone's trading
> habits will be known to Omega. "
>
> I doubt this is how it will work. Your system will continue to
> run on your
> machine and privacy will be maintained. Imagine an unlimited number of
> systems of variable size that are super large with all the custom dlls.
> How will they integrate current installed base with this idea?
> I don't
> think they could. Besides, why would Omega want to alienate the
> 3rd party
> vendor market they've worked so hard to develop? Imagine god knows what
> running on their server. There would be so many hacks and
> viruses uploaded
> to the Omega server that ran the code, it wouldn't get off the
> ground. Even
> a Cray would struggle under the weight of 40, 50, 60,000+ systems running
> simultaneously on different markets and different signals, not to mntion
> many with some weird link to a custom dll's and whatever else people have
> hooked up to TS. It would be better just to keep all of that on
> the client
> and send down the data. That way Omega gets what they want (huge
> reoccurring revenue) and users maintain the privacy and flexibility they
> expect from Tradesatin -- the reason they use TS in the first place.
>
> The only thing that sets TS apart from other software is it's real time
> monitoring and flexible backtesting capability. Take that out and you've
> got just another stupid charting package.
>
> I see them becoming a glorified data vendor with special tools offered
> through the internet. Data will be provided on demand just like other
> internet data vendors. This makes sense for Omega because it
> gives them an
> easy (and immensely profitable) sell to TS buyers and also gives them
> reoccurring revenue each month. This will generate more $$$ then
> selling
> software ever could. Reoccurring monthly cash flow is something they
> don't have in substance currently. They've been trying to get this with
> the shows and geeky system dev clubs they offer, but data vendor business
> will give them much more. Customers buy the software and while their
> wallets are open, they get them to sign up for streaming real time data.
> Or hell the software is free and the data is what costs money. Since TS
> has existed Omega has worked hard to deliver customers to the
> data vendors.
> Now they'll capture that revenue. They'll work hard to deliver the data
> customers to Omega. Entire companies have been built on data vending
> alone -- more than software alone -- so the growth potential for OR is
> good.
>
>
> -----Original Message-----
> From: Larry Wright [SMTP:lwright@xxxxxxxxxx]
> Sent: Tuesday, November 09, 1999 8:30 AM
> To: Omega List
> Cc: Code List
> Subject: Omega $ide $trategy
>
> With TS, you have your system on your own computer. With the new OR inet
> strategy, YOUR system will execute on THEIR computer. YOUR new ideas will
> be on THEIR computer. YOUR system tests will be on THEIR computer. YOUR
> real-time trading results will be on THEIR computer. Everyone's trading
> habits will be known to Omega.
>
> Not bad for OR - they get to pick and choose among the best systems for
> their own use, and again the **users** do all the work. With a little
> extra programming at their end, their computer could execute the very best
> trades for themselves, using your best systems.
>
> To make even more $$, they will be able to focus only on those folks doing
> well, to target them with more $$-making 'service' ads. Omega spam - in
> spades. And think of all the vultures who would pay OR big bucks to know
> who the big-money traders are.
>
> Welcome to the new Inet concept of privacy...
>
> Larry
>
>
>
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