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Yeah - John's finally heard all of the TS2000i horror stories, and has
probably check the OMGA stock price, and heard about the SEC investigation.
> -----Original Message-----
> From: ribau@xxxxxxxxxxx [mailto:ribau@xxxxxxxxxxx]
> Sent: Thursday, September 28, 2000 10:30 AM
> To: omega-list@xxxxxxxxxx
> Subject: where are your systems tonight?
>
>
> I'm behind in my reading, only this morning did I read John Sweeney's
> editorial, "Opening Position," in the Sept issue of TASC. He starts with,
> "It's time to start thinking about where you want your processing power.
> And your data."
>
> He points out that if you can depend on your software vendor's
> data source,
> it's probably worth using. But most data vendors rely too much on
> their raw
> datafeeds and don't feel they need to hire the staff necessary for error
> checking, relying instead on automated systems.
>
> Sweeney discusses the issue of security citing "...clear evidence of
> threats to the integrity of centralized processing and content
> storage." He
> concludes, "Not to be paranoid, but why take chances with
> screens, systems,
> and portfolio information?"
>
> He ends the editorial with, "Maybe Omega Research, for one, will pull a
> rabbit out of its hat and demonstrate EasyLanguage implementation via a
> Website, but judging by the intricacy of creating TradeStation over the
> years, I doubt it will happen soon. Thousands of new traders will be
> introduced to technical analysis at Websites, but when they start to trade
> on their own, they will be smart to buy the best hardware, software, and
> data they can find to put on their own machine."
>
> Well written and well thought out editorial. Thank you Mr Sweeney.
>
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