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My understanding is that the new UA2.5 version has the "features" that
allow them to implement this new commodity /portfolio feature. The older
version 2.4.4 does not include this "feature." Which version do you want
to use?
At 12:29 PM 8/7/02 -0400, you wrote:
>I called CSI today to ask about any impending changes. It was initially
>confusing but I
>learned a few things worth passing along.
>
>Yes, CSI is considering limiting users to a limit of 59 commodities in a
>portfolio. I don't
>know if it's a done deal. Key terms are "commodity/market" and
>"portfolio". By
>"commodity/market" they mean mean a single futures contract, e.g. corn,
>s&p, etc. They did
>not specify a limit on months, so I assume july corn and dec corn would
>count as a single
>commodity -- I think (need to check that out). Options are considered as
>separate
>commodities, so all the option strikes on the s&p would be count as one
>single commodity
>against the 59 limit.
>
>Until the phone call, I hadn't been aware that CSI makes a distinction
>between downloading,
>charting, and adding to a commodity to a portfolio. So under the proposed
>change, there is
>no limit to the number of commodities you can download, view, and
>chart. However, the limit
>kicks in when you go to save the commodity to a "portfolio"--that's where
>CSI wants to limit
>you to 59 commodities.
>
>Each commodity over the 59 limit will incur an annual charge of $1 per
>additional commodity.
>If you want to add an additional commodity to your portfolio, you have to
>call up CSI with
>your user ID and they will add it to their server. For existing Unfair
>Advantage users, the
>changes and charges won't take effect until you renew your contract.
>
>CSI's stated rationale is cost savings. They claim to have done several
>studies showing that
>most users save fewer than 59 commodities in their portfolios. To
>compensate, I was told
>that the annual cost of subscribing to a comprehensive package such as
>"world futures" would
>drop from the current $700 plus to somewhere in the $540 range. That's
>what I was told,
>don't take it as gospel truth.
>
>I've been very satisfied with CSI over the years. Since one of its
>strengths is the breadth
>of its market coverage, I was very dismayed to hear about the proposed 59
>commodity limit.
>Upon further review, the changes don't seem so bad: I will still be able
>to download and
>view any number of contracts; the incremental cost of adding further
>contracts in a portfolio
>is cheap; and there's a chance that my base subscription rate will drop
>significantly.
>
>I hope I've explained things accurately and clearly, but if you have
>further questions you
>should contact CSI directly.
>
>Regards,
>Galen Cawley
>
>
>
>
>
> > ----- Original Message -----
> > From: "William Brower" <1000mileman@xxxxxxxxxxxxxx>
> > To: <omega-list@xxxxxxxxxx>
> > Sent: Monday, August 05, 2002 11:03 AM
> > Subject: CSI Data Nightmare
> >
> > > Has anyone else heard that tonight CSI will be revising their data format
> > > to lock-out any users trying to download more than 59 commodities? I
> > heard
> > > they plan to demand higher payment schemes by ignoring any current
> > > contractual agreements. It appears the idea is to declare any user
> > > downloading more than 59 commodities a commercial user. If this is true,
> > > Pinnacle Data will see waves of business from CSI defectors. Do I smell
> > > class action suit? Buckle your seat belts.
> > >
> > >
> > > Bill Brower
> > > Email: 1000mileman@xxxxxxxxxxxxxx
> > > Web Site: http://www.insideedge.net
> > > Web Site: http://www.portfolioriskanalysis.com
> > >
> >
> >
Bill Brower
Email: 1000mileman@xxxxxxxxxxxxxx
Web Site: http://www.insideedge.net
Web Site: http://www.portfolioriskanalysis.com
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