To: Fred Keith who wrote (7580 ) 3/25/1999 11:37:00 AM From: Micro-Selector Read Replies (2) | Respond to of 9391
Fred -- Thanks for the update on Clark and the PMA situation. I still believe BNEZ has a good product in PMA, but don't think that having access to market information on a quarterly basis (PMA's "quarterly updates") and available by CD is the answer. It seems to me that the norm in today's market is even IF software is purchased on CD from a store (which is becoming less and less become as demonstrated by increased sales of PMA on-line), then AT LEAST future updates are available on-line. For example, anti-virus software can be purchased in a store or may come pre-packaged on a new computer, but the DAT files are always available by download since they change so frequently and must be kept up-to-date to remain viable. Here was my suggestion that I sent to BNEZ (via the Web site) and I will continue to push for this (since I think it would make the difference between this stock being $0.08 and $3.00): --- MESSAGE --- PMA is a valuable investment tool -- especially for less experienced investors who want to learn the basics. It seems to me that if you wished to cut overhead and make this product more valuable to investors, you would make your "quarterly updates" available over the Internet and in real-time (PMA users able to download on any given day for the latest market information). I believe this might make your product better, more competitive in the investment marketplace and give you much greater revenues in the long term. --- EOM --- Come to think of it, another norm today with software distribution is that a certain number of updates are free (or for some duration of time like a year), but after that there may be a charge for updates (for example, PMA could renew the update license for $19.95 or some such amount which would create ongoing revenues from previous purchasers). All this could be handled on-line. Just my thoughts and opinion. I wish they would try it though. I know people have tried to e-mail Mikey before and met with no success, but that is really his problem and much less mine. I can always sell my holdings. He is STUCK with this company (and his bad name) if it flops. Regards, Micro