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That is something I will never, never understand either. How can any
representativ still sell a product and feel good about it, knowing that it
is NOT supported anymore. In germany they STILL sell it for a couple of
thousand dollars. For the reps it is getting a good sales commission. They
get more commission selling one TS then other softwares cost outright. So
guess which software they are selling and recommending. I dont understand
how one could say that this is the latest and best, and at the same time
knowing it isnt.
But then again, some people here like to complain about TS all the time.
Sometimes I think it is looking for excuses for their own (trading)
failure - just blame TS. TS is not so bad after all, I used it for many
years and it got me into system trading and because of it I learned (the
hard way) that it is not just one system on one market..... But that isa
different story. :)
Regards.
Volker Knapp
Wealth-Lab Inc.
http://www.wealth-lab.com
http://www.wealth-lab.de
++-----Ursprungliche Nachricht-----
++Von: ribau@xxxxxxxxxxx [mailto:ribau@xxxxxxxxxxx]
++Gesendet: Montag, 12. August 2002 19:27
++An: omega-list@xxxxxxxxxx
++Betreff: Re: TradeStation's Name Change
++
++
++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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