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The 2000i product line is deader than a door nail. Sorry, Charlie, but it is dead.
Current 2000i customers will be offered attractive packages designed to move them to the internet - to the browser-based versions of TS, RS, and OS.
The stock's down because it is going to cost Omega a bundle, in the short to intermediate term, to make this transition. Not the least of their costs being the cost of the incentives for current users to move to the internet-based systems.
OM
See you on the 'net!
---- you wrote:
> 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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