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Re: out with the old, in with the new



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hello,

where I listen this sentence:    ;-))))


 let run profits, cut your losses.  The beginners always do the opposite...


----- Original Message -----
From: "Bob Fulks" <bfulks@xxxxxxxxxxxx>
To: "Mark Cerar" <marQc@xxxxxxxxxxx>
Cc: "Omega List" <omega-list@xxxxxxxxxx>
Sent: Thursday, September 27, 2001 5:39 PM
Subject: Re: Out with the old, in with the new


> 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?
>
>