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Technology Stocks : Omega Research (NASDAQ:OMGA) -- Ignore unavailable to you. Want to Upgrade?

To: SEAN007 who wrote (240)	2/24/1999 4:57:00 PM
From: Herc	Read Replies (1) \| Respond to of 516

This from DJ Newswire could explain some of the runup... The reaction has been overwhelming, and that's what's really driving excitement for the stock," Salomon Sredni, Omega vice president, operations, and chief financial officer, told Dow Jones in a telephone interview from San Francisco. The company is making a presentation Thursday at BancBoston Robertson Stephens & Co.'s conference there. The shorts were dog & ponied. OMGA is still trading 150% above its 200 day M.A.,it has had a precipitous climb since Jan., and its earnings were way down. So don't cover your shorts yet! I just wish they would send their PR guy over to PCNTF.

To: SEAN007 who wrote (240)	2/25/1999 7:33:00 PM
From: Never Hibernate	Read Replies (1) \| Respond to of 516

The CEO of our company gave OptionStation a try about one year ago - we both analyzed it and found little use for it - especially for $1700 plus quote feed fees. We returned it before the one month trial was up. It was good for doing implied volatilities - but not for $1700. It was a good search engine for option positions you may find optimal - but those positions are based on your assumptions being exactly right - which is never the case! Since your assumptions can't be perfect, finding precise positions with OptionStation is not too helpful - sort of like a science experiment that requires two pieces of data - one that has 2 significant digits and the other having 10 significant digits and using these two pieces of data to generate another result with 10 significant digits - in reality you can only get 2 significant digits because the weakest link is what you would use. In other words the weak link (which is you knowing exactly what will happen) makes OptionStation not worth the money. I hope the above made some sense... -NH