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RE: Omega - overpriced still....



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They definitely need some new management to take over the reigns at Omega. 
You do not want to know the horror stories that I can tell you about what 
goes on there. And believe me, I worked there for over 3 years.

>From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
>Reply-To: <prosys@xxxxxxxxxxxxxxxx>
>To: "caw" <cwest@xxxxxxxxxxxx>, "Jimmy" <jsnowden@xxxxxxxxx>,        "Omega 
>List" <omega-list@xxxxxxxxxx>
>Subject: RE: Omega - overpriced still....
>Date: Fri, 23 Mar 2001 12:00:40 -0500
>
>Based on past 4 quarter of sales $$$$, they are WAY overvalued still.
>In this market they would sell for about half that amount.
>
>re: "...here'd be no shortage of software developers that'd (re)-develop
>TradeStation"
>Last quote I got from a C++ expert who had statistical knowledge as well 
>was
>$175 per hour.
>Good programmers are still not cheap or easy to find.
>
>
> > -----Original Message-----
> > From: caw [mailto:cwest@xxxxxxxxxxxx]
> > Sent: Friday, March 23, 2001 9:44 AM
> > To: Jimmy; Omega List
> > Subject: RE: Omega
> >
> >
> > The market cap is $88.7mm. There'd be no shortage of software developers
> > that'd (re)-develop TradeStation, and get it right, for less than
> > 5% of that
> > amount.
> >
> > Colin West
> >
> >  -----Original Message-----
> > From: 	Jimmy [mailto:jsnowden@xxxxxxxxx]
> > Sent:	Friday, March 23, 2001 7:34 AM
> > To:	Omega List
> > Subject:	Re: Omega
> >
> >
> > Omega or Tradestation, Inc. is cheap why don't we just buy the company 
>and
> > replace the management.  I don't know the size of the closely
> > held shares or
> > the float but it might be doable.
> >
> > Jimmy
> >
> >
>
>