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


To: JUJU1015 who wrote (264)2/28/1999 11:19:00 PM
From: Herc  Read Replies (1) | Respond to of 516
 
NOT TO BELABOR THE POINT, BUT OMGA trades at...
A price/earnings of 132, vs. industry avg. of 27
A price/sales of 9.35 vs.... of 3
A price/book of 9.66 vs ....4.97
A price/cash flow of 91 vs ...13.5

And this in a company whose revenues and earnings decreased for the year.
And this in an industry that depends on the vagaries of day traders, many of whom are supposedly losing money and might be reconsidering scaling back.
Also sales/marketing ate up 65% of revenues last year.
And omga is trading 98% above its 50 day moving avg. and close to 200% above its 200 day moving avg.
I went to one of their sales presentations once and remember lots of handsome young salesmen with slicked back black hair. These guys must be mesmerizing!



To: JUJU1015 who wrote (264)3/1/1999 11:58:00 AM
From: NotNeiderhoffer  Respond to of 516
 
JUJU,

Omega presents at the Rayjay conference Wednesday morning at 7:00 am EST. That is the first slot of the day and not a good one especially if the Grappa party is tuesday night and everyone is hungover and sleeps thru it.

Small caps get no respect... especially when it comes to conference schedules. At least they did not give them the last slot on the last day.

Some people are confused about revenue growth. They were late with their software upgrade and new suite of products which is what they have been working on. That is why the are on the road and doing all this marketing right now. They should see revenues ramp as they are now in the sweet spot of their upgrade cycle.

As the conference ended on Saturday as was nearly trampled by nerds ordering their ProSuite's. etc.

The trick is to differentiate between the product promotion/marketing going on and whether they are being a little promotional about the stock. I did not get the sense they are being overly promotional about the stock.

I just emailed Gary Smith at the street.com who wrote an excellent piece today about backtesting trading strategies. Everyone interested in this stock should read it. He said at one time he used Tradestation but does not currently use any Omega products. He did say that in regard to HISTORYBANK.com that if they can come up with tick by tick data that would extremely helpful. I am not sure if they do offer tick by tick currently but if they don't they are probably working on it.

I think some of the people posting here have not really worked with Meta Stock or Option Vue (competing products) and I believe that OMGA's products often much more in terms of being able to customize your own data and parameters to get what you need. This company is about a lot more than just charts which to some extent are a commodity. I would love to see them hook up with ILX (quote provider) to offer their charting service as ILX charts suck. I use baseline for that. Great graphics.

So who knows what the growth in online trading will be the next few years? I saw an estimtate today that said it will grow from 8.5 million to 15 million accounts over the next year.

NotadaytradermyselfNeiderhoffer