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>Quarterly software licensing fees down to $1,563,700 from $5,001,534
>a year ago.
>
>Quarterly net loss of $3,274,872.
Hmmmm....if they had maintained OMGA's "software licensing fees,"
even with the TRAD fiasco, the combination
would appear to be profitable. Again, if OMGA was
a separate legal entity from TRAD, where's the conflict?
BW
>From: Bob Fulks <bfulks@xxxxxxxxxxxx>
>To: "Mark Cerar" <marQc@xxxxxxxxxxx>
>CC: "Omega List" <omega-list@xxxxxxxxxx>
>Subject: Re: Out with the old, in with the new
>Date: Thu, 27 Sep 2001 11:39:47 -0400
>
>Their new business model is to be an on-line broker. The software
>business is probably boring so they decided to "kill the cash cow".
>
>Lots of insider sales recently:
>
> <http://biz.yahoo.com/t/t/trad.html>
>
>Quarterly revenues down to $10,593,479 from $13,857,243 a year ago.
>
>Quarterly software licensing fees down to $1,563,700 from $5,001,534
>a year ago.
>
>Quarterly net loss of $3,274,872.
>
>Stock price hit a low of about $1.50 last week.
>
>But other than that, the new business model looks great!
>
>Bob Fulks
>
>
>
>At 10:32 AM -0400 9/27/01, Mark Cerar wrote:
>
> >When I communicated with TT on September 4th they were still directly
> >selling TS2000i to their international customers. Two weeks later, I was
> >informed by their salesperson that they are no longer selling it directly
> >and that you have to go through an international reseller. Why, the
> >salesperson didn't say. In a similar vain, they are not offering TSPro
>to
> >new customers unless they open a brokerage account. Older customers can
> >lease TSPro for $99/mo without opening an account. Is it possible that
> >TradeStation Group - and their subsidiary TradeStation Technologies - are
> >constrained by SEC regulations imposed upon TradeStation Securities?
> >Whatever their motivation, they seem to be divorcing themselves
>altogether
> >from the "software" business per se. Any comments?
>
>
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