>>DBCC v. Bloomberg? and the pack(s) of roving [day-trading] wolves...
"...The Bloomberg is superb. More than a simple product it is an environment...It is everything the Internet is not...In 1993, Reuters fought to overcome its deficiencies with "Project Armstrong" - internally nicknamed the Bloomberg killer...But with $4.8 billion in revenues, Reuters, the largest financial information provider in the world, is far from vanquished. Reuters' new North American president, Tom Glocer, remains confident that the breadth of his offerings will ultimately prove more that competitive with Bloomberg's single product. 'The one-size-fits-all solution,' he says, referring to Bloomberg, 'actually fits no one.' Bloomberg's believers might dismiss that contention - but it's the same conclusion reached by his new Internet-based competitors, who don't care about Bloomeberg's brand recognition, or Reuters'. They are competing on price and value...Consider InSite, an Internet-based financial information system that costs $175 to $495 a month...Offering a stripped-down combination of real-time bond and stock data, historical information and analytical tools, it's trying to attack Bloomberg where he is weakest; at the low end of his market, the small retail brokers and money managers...'We think we can dominate the individual trader market and go up the food chain to serve the institutional community,' says Mark Imperiale, president and COO of Data Broadcasting Corporation, which produces InSite and two other products, Signal Online and StockEdge Online, and also resells real-time data to third parties. 'Our analysis is that Bloomberg will have a very hard time coming downstream into our pond. They have too much to lose. We have more to gain.'
source: © February 1999 WIRED Feature Article.
....today's price/volume/stochastics... and this [and Cisco's, Greenspan's, Abbey Joseph Cohen's recent validation of the Internet] both elegantly and empirically simply suggests/equally validates DBCC is...undervalued and further suggests one to beware those [Jim Jones-like] Internet Thread Cults with hidden @GENDAs whom attempt to suggest otherwise...perhaps soon to be sipping on their Pink kool-kid?... |
