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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (7801)	4/23/1998 5:47:00 PM
From: Robert Graham	Read Replies (2) of 42787

Do you find telescan to be better than q-plus for a data source for TA software and for scanning on fundamental information? Q-plus have been postponing their new version unnecessarily for several months now. This allows their competitors to catch up to where they are at least in the ballpark with them, and this is more of an ego based move on the part of the developer. This product has been ready for awhile, but he keeps adding on features even though the product is good enough to be competative and ahead of his competitors products. I am sure some frustrated users have left him for what they can have right now as features. After all, it is a competative market out there. And I am ready to make my choice on the first product I find out in that market that meets my needs. I understand it is important to (if a company can) release a product ahead of its competation. But somewhere along the line real needs have to be met like cash flow and actual market positioning. A company has no market position with a product that has not been released, so it is vaporware based on a promise instead of anything real to the user. Steve Jobs did not learn this lesson as President of Next Step, Inc. For instance, I remember him spending over one year to work on the QuickDraw-like routines because he thought they were too slow. By postponing the release, he had to increase the price of the product substantially and then ended up selling to to those people who least can afford the price. I am sure Ross Perot had something to say about this. Steve Jobs despite his abilities to be a concept leader of projects is a very big goof-up as far as running a business goes and managing the realities of the marketplace. So the company essentially went bankrupt even though it looked like he had some very nice technology to sell. As you can tell, I do not think Apple has a chance in making it back as a viable company. This is particularly the case with Steve Jobs in charge. There are definitely some parallels between Steve's approach to products and the developer at Quotes-Plus as far as their shared lack of understanding of business and market realities. Both appear to have an ego based approach to their products. So how is that for a soap box? Bob Graham

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