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Re: Equis noncooperation with data vendors



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Vitaly,
if you don't get MetaStock, what would you get?  What else is there?  Omega
Research does the same thing.  Window on Wall Street is worthless.  What else
would you get?  This is a very limited product field.  MetaStock knows it's
the best for end-of-day and can pretty much do whatever they wish.  

Still, why can't you just use the Downloader to incorporate Quotes-Plus data
into MetaStock's directories?  Doesn't their data come in ZIP'd ASCII form?
 What's the problem here?


Daniel.




In a message dated 97-06-28 02:14:49 EDT, metastock-list@xxxxxxxxxxxxx
writes:

<< Subj:	Re: Equis noncooperation with data vendors
 Date:	97-06-28 02:14:49 EDT
 From:	vitaly@xxxxxxxxxxxxx (Vitaly Larichev)
 Resent-from:	metastock-list@xxxxxxxxxxxxx
 To:	derek7422@xxxxxxxxxxxxx, metastock-list@xxxxxxxxxxxxx
 
 >....this means that the ancient 255 maximum securities per
 > directory will continue for 3rd-party data providers unless they knuckle
....
 
 It also means that I who use and will use QPlus as a data vendor, will have 
 even less incentive to upgrade from MetaStock 5.11 . Forget about my $100, 
 Equis!
 
 It's really a funny decision. I thought an integration of charting/analysis 
 and  the data stream (including efficient tools for data handling) is most 
 crucial issue for the next step of trading software development. They say I 
 am wrong, ... well, but these days my filters reject Apple (AAPL) stock. The

 story sounds familiar.
 
 This is one more reason why it's so hard to make money in the market - you 
 never know what to expect from a company's management :-) .
 
 	With (some) cheers,
 				Vitaly
 
 derek b wrote:
 > 
 > Gary Lyben of Quotes Plus reports on SI today that Equis has reneged on
 > their promise to assist data providers.  After promising for months that
 > the new Equis data-file structure would be made available free of charge
 > to data providers, Equis now is demanding a royalty kick-back fee for
 > the data file format.
 > 
 > This is the same nonsense that Omega has extorted.  DTN's new real time
 > service will be unusable by Tradestation users because DTN refuses to
 > pay the royalty.
 > 
 > DTN, like QP, has attempted to carve out a value niche among data
 > providers.  I am extremely disappointed to see that Equis is not
 > cooperating with data providers in providing the new data file format
 > free of charge to the data vendors.
 > 
 > In plain speak, this means that the ancient 255 maximum securities per
 > directory will continue for 3rd-party data providers unless they knuckle
 > under and cough up the extortion fee.
 > 
 > Lousy business decision, Equis.
 > 
 > Derek
  >>