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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Lost1 who wrote (7929)5/15/2000 11:40:00 PM
From: Atin  Read Replies (2) of 9427
 
Do you really think that DWA makes any money off the $25-35 accounts? NFW! In fact I'm surprised that they even bother with us.

You're kidding right? Let's think about this -- $25-$35 per person, I'm thinking they have more $35 than $25 accounts but lets say we just average $30 per person. That's $360 per person per year. I haven't seen DWA ever say how many users they have but I would not be surprised if there are a lot more than 500-1000 just based on how many users of QPnf I have, and I've only been giving it away for a few months! Even a low ball 500 is $180,000/year. Not chump change, especially since they already have the data, the analysts etc for their $500 clients. The accounts are not charity, it is a business and they try to do a good job of providing what their users want because otherwise they will lose their users to others who might be better, cheaper, quicker etc etc.

As far as TD being here -- it is an excellent way to promote their business, and I wish others did the same thing! But it isn't like he spends hours researching and writing up what he writes here. It is cheap and effective marketing for a fine little money making business. There aren't many websites out there that are profitable, but I think DWA's website is very much profitable and they should be proud of that.

-Atin
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