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I received a direct inquiry, so I'm also posting this to the
list:0
*********************************************
Product I discover at the NYC Expo:
Rina has a brand new product, that will lease for about
$500/month.
Current version interfaces with Trade Station.
Although an associate had contacted Rina several times over
the previous few months, it was only through discussion at
the Expo that they said they would be willing to modify
their program to be able to read ASCII input.
We are developing our own testing platform, and are looking
for --
or will have to have written -- a package that can provide
extensive performance statistics. I suspect the discussion
with
Rina at the Expo may save us months of work & $.
Any serious testers using non-TradeStation programs may
want to contact Rina to ask them about this. The more
demand
for such a product, the better for all of us.
Regards,
----- Original Message -----
From: "--" <andy@xxxxxxxxxx>
To: "Michael Berger" <mberger@xxxxxxxx>
Sent: Wednesday, February 21, 2001 10:50 AM
Subject: Re: Noticeably Absent
> : I spent 1/2 day at the NYC Expo & did learn a few
things. I
> : found a product that may end up saving me thousands of
> : dollars & months of time;
>
> Hi Michael,
>
> what did you find that was of value?
>
----- Original Message -----
From: "Lawrence Chan" <stnahc@xxxxxxxx>
To: "Michael Berger" <mberger@xxxxxxxx>; "OmegaList"
<omega-list@xxxxxxxxxx>; "Chad" <canutek@xxxxxxxx>
Sent: Wednesday, February 21, 2001 10:58 AM
Subject: Re: Noticeably Absent
>
> --- Michael Berger <mberger@xxxxxxxx> wrote:
> >
> > Not finding anything of value at the Online Expo is
> > a value:
> > you have learned there are not yet any improved
> > products.
>
> Interesting ...
>
> We did check about the Online Expro and decided not to
> go because of 2 reasons,
>
> 1. it seems to be highly concentrated on stock trading
> and those who are known to be there are mostly
> brokerages ?! looks like it is a brokerage show
> instead.
>
> 2. the brokerages listed almost all of them have
> their own "trading software" that have nothing
> more than some simple charts and quotes.
> Obviously we are not part of their business
> models and probably we will be discriminated :)
>
> >
> > I spent 1/2 day at the NYC Expo & did learn a few
> > things. I
> > found a product that may end up saving me thousands
> > of
> > dollars & months of time; I also confirmed that
> > several
> > stock brokers did NOT offer such things as
> > substitution
> > margin & interest on short positions.
>
> Probably locating information from mailing list
> like this one is better :)
>
> One interesting study we located has an estimation
> of 40000 to 50000 people in u.s are daytrading
> stocks individually - but cybercorp has more than
> 8000 all by itself. so, the remaining ones in this
> group are not likely to be enough for all these
> brokerages, I guess :)
>
> The # of online accounts is at 8 to 9 million on
> the other hand. Could this be the reason why
> so many firms jump into the online discount stock
> brokerage business?!
>
> Maybe the number of online accounts does not matter.
> It could just be a paradigm shift that people are
> looking for lower entrance cost to "gamble" in the
> stock market only. Thus the cost is lower and the
> burden is shifted to the brokerages who can no
> longer make decent money and have to provide a lot
> more to keep the customers ...
>
> How can we be sure the smaller discount brokerages
> will survive then? What would happen to our money
> if they go under?!
>
> I don't know.
>
> Maybe someone on the list willing to share some ideas.
>
>
>
> =====
> Lawrence Chan http://www.tickquest.com
> Innovative Analytical Software for Trading Professionals
>
> _______________________________________________________
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