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Good explanation, Steve. Now, tell us why Omega fell through on its promise
to existing clients to provide SP6 for TS2Ki. As you and Omega are very
aware, TS2Ki is full of bugs that make it iffy at best as an intraday
trading platform, yet it is still being sold in Europe by Omega's reps. Do
these new European clients realize that SP5 is incomplete and TS2Ki will
never be completed? Is this just bait and switch to lure them into signing
on for TS6? How about all us clients Omega has lost because they have not
been, shall we say, reliable? Does Omega care that we will never sign up
for TS6 until TS2Ki is finished as promised by them?
>>The name was changed purely for marketing and public relations reasons, and
>>to deal with the effect of a merger acquisition and shift in business model.
>>The TradeStation brand is what defines our company, so we believed that was
>>the way to go in the future. Also, transitioning from being purely a
>>software company to being a company that operates a full broker-dealer
>>trading platform resulted in Omega making less sense as a name, and
>>TradeStation making a lot of sense (that is what we now sell-a complete
>>Tradestation). Accordingly, the new brokerage was named TradeStation
>>Securities (it used to be onlinetrading.com), the technologies/software
>>company was renamed TradeStation Technologies and the parent company formed
>>to own both (the NASDAQNM public company) was named TradeStation Group. We
>>hope this clarifies the name change issue.
>>Sincerely,
>>
>>Stephen Pepe, Jr.
>>Director of Client Support
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