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>>>This reply from equis, immediately below, seems to confirm a suspicions
>>that I have. By putting files into a metastock readable format, Equis'
>>copywrites are not violated. If there are any lawyers in this group, who
>>are knowledgeable on intellectual property law, they may be able to
>>determine if putting files directly into metastock format violates
>>intellectual property laws (no copying of the program or using it in a
>>competative manner). Most data suppliers appear to be small companies,
>>with accompanying shallow pockets, and so they may have been intimidated by
>>Equis (and Omega's) threatening letters. Even winning a case, the legal
>>costs can bankrupt a smaller company.
>>>
>>>Lionel Issen
>>>
>>>
>>>At 07:45 AM 6/30/97 -0600, you wrote:
>>>>IRL creates, or adds to, MetaStock data folders. The data is then no
>>>>different than any other MetaStock data file. Any file received in
>>>>ASCII format, which I believe QP's file is, should then be converted
>>>>into your MetaStock files.
>>>>
>>>>As far as "extortion" I will only say that is not the case. There are
>>>>many issues that always come into play with all third party vendors, be
>>>>they data vendors or other types of software vendors. I am sure
>>>>management here at Equis looks at many factors that the support
>>>>department and you are not privy to.
>>>>
>>>>Equis Support
>>>>
>>>>> -----Original Message-----
>>>>> From: DanMartinz@xxxxxxx [SMTP:DanMartinz@xxxxxxx]
>>>>> Sent: Monday, June 30, 1997 7:39 AM
>>>>> To: derek7422@xxxxxxxxxxxxx; metastock-list@xxxxxxxxxxxxx
>>>>> Subject: Re: Equis noncooperation with data vendors
>>>>>
>>>>> Equis Support and anyone who uses Quotes-Plus:
>>>>> If this is true then I am also disappointed. I do have a question
>>>>> about
>>>>> Quotes-Plus. I may be using this data provider. I am also going to
>>>>> decide
>>>>> next week about the American Association of Individual Investors or
>>>>> Investor's Reference Library product.
>>>>>
>>>>> IRL places its database into a MetaStock readable directory tree. If
>>>>> I use
>>>>> the IRL product, will I be able to update its CD-ROM database with
>>>>> Quotes-Plus? From what I understand, you download one ZIP'd file from
>>>>> the
>>>>> Quotes-Plus FTP site using a browser such as Netscape 3.01. Then you
>>>>> either
>>>>> can use the Downloader or Quotes-Plus's software to update the
>>>>> MetaStock
>>>>> (IRL) database. Is this correct?
>>>>>
>>>>>
>>>>> Daniel.
>>>>>
>>>>>
>>>>>
>>>>>
>>>>> IIn a message dated 97-06-27 22:15:09 EDT, you write:
>>>>>
>>>>> << Subj: Equis noncooperation with data vendors
>>>>> Date: 97-06-27 22:15:09 EDT
>>>>> From: derek7422@xxxxxxxxxxxxx (derek b)
>>>>> Resent-from: metastock-list@xxxxxxxxxxxxx
>>>>> Reply-to: derek7422@xxxxxxxxxxxxx
>>>>> To: metastock-list@xxxxxxxxxxxxx
>>>>>
>>>>> 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
>>>>>
>>>>> >>
>>>>
>>>>
>>>>
>>
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