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----- Original Message -----
From: "Craig Denison" <metastable2@xxxxxxxx>
To: "Samuel K. Tennis" <skTennis@xxxxxxxxxxxxxxxxxx>
Sent: Wednesday, January 16, 2002 12:49 PM
Subject: Re: TradeStation 2000i
> Sam, and the Omega-List
> RE:
> > By making this basic change in market strategy, Omega has virtually
> > guaranteed that these potential new users and first time clients will
> > instead go to a different (inferior) product and be lost forever to the
> > Omega family.
>
> YESS!!!
> You can count me as one of those who are looking for an alternative "to
> doing business with" Mr Cruz. Those people have, IMHO too :>)), completely
> lost their business market by discontinuing support for the TS2000i
product
> model . There is no reason that I can figure that they couldn't offer
BOTH
> the brokerage-online version of TS as well as an online and/or
non-internet
> based product. But to FORCE that choice on the customers has got to be the
> most STUPID and short-sighted decision that a company can make. Did they
> even bother to ASK their current customers AND stockholders about how they
> feel about this drastic change in the "business model"??!
>
> In fact, I am currently planning to do "my own thing" . I am considering
> buying the http://www.uniserv.com/ product called "M3 Market Data Server
".
> You, Sam, are probably already very aware of their product(s), right? For
> those not already acquainted, check out the details at
> http://www.uniserv.com/products&solutions.htm .
>
> According to info on their web site, one of the current customers for
their
> commercial version of this product is none other than TradeStation Inc.,
> along with the CME Exchange, DTN, and ProphetFinance, and others.
>
> I wonder why those folks at TradeStation Inc decided to make their new
> version into a web-accessed version (with the application-server being
> accessed ONLY over the internet) rather than provide each customer with a
> "client" application that accesses a LOCAL data server on the customer's
> computer? I notice that the stand-alone ( FREE) version of the "M3
Market
> Data Server " is available that can be licensed to work with 3-rd party
> commercial applications, e.g., Ward Systems Group, Inc.
> http://www.neuroshell.com , and TickQuest Inc. www.tickquest.com .
> These latter two companies are the "smart" ones, as far as I am concerned.
> They are definitely going to be competition for TradeStation Inc.
>
> Another option for those of us that are willing and able to do the work of
a
> "programmer" can buy the private-developer-SDK version of the M3 Market
Data
> Server and write our own charting and analysis software, and be completely
> independent. It is not cheap though in either time or money, since the SDK
> cost $3,000 plus the cost of your choice of development software (Delphi,
> C++, or Visual Basic). My choice is already Delphi
> http://www.borland.com/delphi/ , plus the charting software from
TeeChartPro
> http://www.steema.com/ .
>
> What are you doing, Sam Tennis , now that you no longer work for Mr. Cruz?
> Maybe you should consider offering your own commercial alternative to the
> TradeStation6, and maybe sell your stock in Omega Research? I really doubt
> that Mr. Cruz and company are likely to "see the light", and I don't see
any
> evidence that even if they did that they would have the commitment to
REALLY
> become a company that is capable of delivering and supporting a superior
> software product for the independent trading community. And perhaps,
there
> is not really a big enough market either to justify the needed development
> budgets for a real commercial and professional level product (that TS2000i
> is, IMHO, NOT).
>
> Best Regards,
> Craig
>
>
>
>
>
>
> ----- Original Message -----
> From: "Samuel K. Tennis" <skTennis@xxxxxxxxxxxxxxxxxx>
> To: <Omega-list@xxxxxxxxxx>
> Sent: Tuesday, January 15, 2002 1:50 PM
> Subject: TradeStation 2000i
>
>
> > Below is a message I posted to Clubs on Yahoo. Just thought some of you
> > might find it amusing... I know you must have cannon fodder supplied
> > regularly! Now it's my turn to receive the blunt end of the stick. :=)
> >
> > IMHO (and who ever heard of a humble opinion)...
> >
> > It is my strong opinion that Omega has made a serious tactical error by
> > discontinuing the 2000i product line. For a great many applications, it
is
> > simply a superior product (I can enumerate separately many of these
> > reasons, if asked).
> >
> > Also, many new users wish to use Omega software, but are not willing to,
> or
> > interested in, opening a brokerage account.
> >
> > By making this basic change in market strategy, Omega has virtually
> > guaranteed that these potential new users and first time clients will
> > instead go to a different (inferior) product and be lost forever to the
> > Omega family.
> >
> > I have expressed these rationals to Mr. Cruz, but it seems to have
fallen
> > on deaf ears.
> >
> > As a stock holder, I am very interested in the future viability of the
> > company, and I am extremely concerned over the stability of my equity
> position.
> >
> > Samuel
> >
>
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