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Does Omega, or any other trading software based company for that matter,
really think that someone who has spent countless hours on propriety
indicators/systems will use these with an Internet client/server based
trading platform?
I seem to remember that not too long ago Real Networks was caught sucking
information off client systems where their software was installed. They just
happened to get caught. They will be more careful next time.
It would be a trivial matter to forward any indicators/systems from the
client system to an Internet based trading software server. Don't fool
yourself into believing that if you "secure" your systems using the power
editor that no one can crack your system. The token files are not compiled
into the native machine code and if decompiled, will be 99% complete. In
fact, if you already have the source for the compiler, reversing this
procedure is not that difficult.
As for a business venture, I have no doubt that there is money to made in
this area because people just can't get enough of the stock market or
Internet these days. As far as me releasing into the Internet any work that
I've spent a lot of time on and that is profitable, I don't think so....
IMO, Internet client/server based trading platforms are best used with
generic, canned indicators/systems. Period.
-----Original Message-----
From: M. Simms [SMTP:prosys@xxxxxxxxxxxxxxxx]
Sent: Monday, January 17, 2000 10:06 AM
To: Ullrich Fischer; Patrick
Cc: omega-list@xxxxxxxxxx
Subject: RE: Omega Abandons TS2000i
Guys - don't get all bent out of shape here.
Technology changes cause changes in direction.
Omega is under severe pressure to provide an internet-based solution
because
several competitors are ready to do so.
I doubt they will abandon TS2000i and anyway, the SP4b version seems
to be a
decent one (finally).
> -----Original Message-----
> From: Ullrich Fischer [mailto:uf@xxxxxxxxxxxxxxxxxxx]
> Sent: Monday, January 17, 2000 3:12 AM
> To: Patrick
> Cc: omega-list@xxxxxxxxxx
> Subject: Re: Omega Abandons TS2000i
>
>
> I agree, Patrick. Now, who knows a lawyer willing to take on the
class
> action suit? -uf
>
> At 02:01 AM 1/17/00 -0600, you wrote:
> >Omega List,
> >
> >MY OPINION ON WHAT IS HAPPENING AT O.R.:
> >I didn't put 2 and 2 together after Omega Research purchased WOW
> and again I
> >didn't put it together after they publicly announced they were
abandoning
> >SuperCharts2000. But finally I have put all the pieces together.
Omega
> >Research is now preparing to abandon TradeStation2000i in
exchange for
> >TradeStation.com. Omega Research will still sell
TradeStation2000i until
> >they see how customers respond to TradeStation.com, and if it is
> successful
> >TradeStation2000i will be dropped. The people who run Omega
> Research have
> >come to the conclusion that their company will not increase in
> value if they
> >remain a standard software company because they can not get
> their flagship
> >program working properly. Their only hope is to abandon the
standard
> >run-on-the-customers-PC-software and go with Internet software.
Without
> >this change OR stock will stay low and slow.
> >
> >
> >WHAT THIS MEANS FOR TS2000 USERS:
> >As we have all seen in the past, upgrades and new features
prevent new
> >versions of EasyLanguage code from working with the old version
of
> >TradeStation. This means we will still be making payments for
> TS2000i which
> >is made obsolete by the changes in the EasyLanguage code used
with
> >TradeStation.com. How long before TradeStation.com EasyLanguage
> code is not
> >longer compatible with TS2000i? Right from the start, six
> months, one year?
> >Who knows. *******Are we going to be making payments for
> TradeStation2000i
> >and monthly payments for TradeStation.com at the same
> time?******* The fact
> >that OR is switching to TradeStation.com so fast after the
release of
> >TradeStation2000i is starting to make me feel screwed and I am
> probably one
> >of Omega Research's most loyal admirers.
> >
> >
> >
> >My venting for the year
> >Patrick.
> >
> >
>
>
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