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It would be foolish for OR to behave the way they have been behaving in the
past year or so. Nevertheless, they did. I agree with Patrick. It feels
like TS2Ki has been abandoned already. -uf
At 01:03 PM 1/17/00 -0500, John Berentson wrote:
>Patrick -
>
>I don't agree with your analysis. Tradestation.com will probably be TS2k
>together with an internet feed. There will be dual pricing; one price for the
>package, another if you already own TS2k. The former will have major updates
>included in the price, the latter will continue to pay for major updates.
>
>It would be foolish of Omega to (1) ignore their current customer base as a
>potential monthly revenue source; (2) design a new program incompatible with
>TS2k; and (3) ignore the program sales revenue. The customer base for
>sophisticated trading software is quite modest and it would be very risky to
>totally upset the current business model based on sales alone. The move to
>Tradestation.com was predicated on the favorable economics of Internet
>distribution and the difficulty of meeting revenue and profit expectations on
>specialized software alone. The pressures on a public company are quite
>distinct from those on a private company. In fact, I am convinced that TS2k
>was pushed out the door prematurely in order to beef up the P&L, which was
>languishing, and to move into the growth market of stock traders.
>
>
>
>
>"Patrick" <vibri@xxxxxxxxx> 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.
> >
> >
> >
>
>
>jfb
>shaven heads trading
>new york city
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