|
PureBytes Links
Trading Reference Links
|
Given the following statistics in one year the volume of trades could be up
by a factor of 3 * 3 * 3 * 3 or 81. This assumes that each of the
following quarters increases as the last. This would mean the sales could be
as high as $160M per quarter next year. Of course their rates have just been
cut in half so lets say $90M per quarter. That will more than cover their
expenses. Don't confuse me with an optimist, however. Stocks can still go
down even faced with numbers like this and competition can still cut in to
this.
Trading Statistics Q4 01 Q3 01 % Increase
------------------ ----- ----- ----------
Average daily trade revenue $50,427 $20,486 146%
Average daily revenue trades 2,177 684 218%
Average daily share volume 2,590,000 873,000 197%
Jim Bronke
Phoenix, AZ
----- Original Message -----
From: "D R B" <d_r_b_es@xxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Monday, April 01, 2002 6:35 PM
Subject: Re: trad 10k report
:
: They changed their business model because their previous model was not
: viable.Selling software was not profitable.
:
: Omega´s revenues are coming from the brokerage part of the business.
:
: They should have financial problems in 11 or 17 months when the cash flow
: becomes negative.According to omega´s business projections they need to
: triple the revenues from the brokerage department to break even.The
software
: department since the marketing efforts have decreased considerably is
: increasing the losses.
:
: Their expectations seem very unrealistic inferring from the past
development
: of their business and it seems very probable they will go bankrupt.
:
: You can always draw your own conclusions from the available information
: http://www.sec.gov/edgar/searchedgar/formpick.htm
:
: Best regards.
:
: >I am curious to know if anyone read the trad 10k report...basically
stating
: >they are in deep straights and could easily go belly up and either get
: >delisted...go bankrupt...or just go out of business..no talk of take
: >over....it also states that the Cruz brothers own almost 1/2 the company
: >and.... the way it's very clearly warns and is stated....they would do
what
: >ever is in their best interest to walk away and survive.....
: >
: >also...
: >
: >is anyone using the automated trade function on a mechanical basis with
: >alerts and has the new charges impacted your trading....and it appears
all
: >those using it are grandfathered in to their existing rates...but do you
: >realize that if you fall out of place for a month you are subject to the
: >new charges..I am not sure if this is true...could anyone confirm.....
: >
: >and
: >
: >I am concerned about the solvency of the company and the ways the Cruz
: >brothers treated their long term loyal customer base...ie..me and
you...and
: >what could they do to effect any mechanical trading you might be doing
that
: >would change the course of your trading results and effect profits
: >..or....from their standpoint...allow them to take in more
: >capital......from you......
: >
: >thanks Jim...
: >
: >
:
:
:
:
|