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Interesting, If my memory serves me I recall when ts2k first came out the
salesperson
hyped historybank as the only data service I would need for EOD and it would
be provide free of cost for an initial period of time. Further, HistoryBank
was suppose switch over to a fee based service. Several change over dates
were tossed out. Is Bill attempting to re-write history now ? His defense of
an unasked question is very telling.
> -----Original Message-----
> From: James Lillard [mailto:lillard.main@xxxxxxxxxxx]
> Sent: Monday, June 25, 2001 12:57 PM
> To: omega-list@xxxxxxxxxx
> Subject: BILL Cruz gives us answers - #2 of ?
>
>
> This posting contains the decision that proceeded the
> questions presented to
> Mr. Cruz at the SIA show in NY on June 20, 2001, from several
> news-group
> members.
>
> Mr. Cruz suggested that we move away from the booth, so as to have an
> uninterrupted and private conversation about the points raised by the
> news-group members, and we proceeded to a quieter spot about
> 30 feet away
> from the booth.
>
> First I brought up the subject of DATA. Bill Cruz
> interrupted me and became
> a little defensive. Apparently he is just a little sensitive
> about the data
> issue, and I just listened for the next two or three minutes.
>
> Bill Cruz proceeded to explain that ALL of the data that was
> available to be
> down-loaded from the Web site was for refresh purposes only.
> He pointed out
> that the data was not part of any Omega software product and
> that it was
> only sample data to be used while learning to use the
> software, or to try
> out new ideas, or to serve as a source of emergency data when
> something
> failed with the professional data that the user was normally
> receiving.
> Bill also stated that all of this data was RAW data from the
> data venders,
> subject to all of the problems and errors of receiving and
> storing data, and
> that no one at Omega was, correcting or modifying the data.
> If the data
> contained errors, well then it just contained errors. If the data was
> incomplete, well then it was just incomplete. Mr. Cruz
> reiterated several
> times that this data was not part of any Omega product and
> was just provided
> as a convince to the users of the Omega software. He also
> said that at this
> time, there are no plans to discontinue or make any changes to the
> HistorBank.com database. Again Bill stated that this was
> free data and it
> was not intended to be used as the only source of data for
> actual trading.
>
> I then got a chance to state that the questions were not
> about the current
> data that was available for use with the older Omega
> software, but that the
> questions were concerning the data that was being provided
> for use with the
> new TradeStation Pro product.
>
> Mr. Cruz then smiled, now that he had spent time defending an
> attack that
> was to never come, and stated that the data being used in the
> new TSPro
> product was from a completely different data source and data
> bank, and had
> no connection with the data on the current Web site or
> HistoryBank.com. He
> also stated that at sometime in the near future, but not in
> the upcoming
> release, the TradeStation Pro data would be able to be maintained and
> corrected by the user, as well as a TradeStation Pro Data Group. Any
> changes that the Data Group made to the data would be
> received by all of the
> users, but that any changes made by the user would reside
> only with that
> user. To reach the TradeStation Pro Data Group, the user
> will be able to
> use a 1-800 number, E-mail and other means of communication.
>
> When asked about 3rd party data, Mr. Cruz said that user
> defined symbols and
> ASCII data, are planned features that would be available in
> an up-coming
> release, and that support for any other data format is not
> being provided
> for. Other features to be included by the end of 2001 will
> include Option
> Station and Radar Screen.
>
> The new TradeStation Group will provide financial data,
> financial services,
> and software. The real time data feed, the historical data
> bank, the real
> time order execution, and the associated software, are all
> going to be of
> professional quality and will be updated on a regular basis,
> and downloaded
> under the control of the user. There will only be one
> software product for
> use by both the Institutional as well as the Retail customer.
>
> The next post will contain the actual questions and Bill
> Cruz's answers.
>
> Please save this posting. More to follow.
> James Lillard
>
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