Date:
Thu Mar 4 10:58:57 1999 GMT/BST
From:
Pesto
Guys Guys Guys - dont get carried
away.
The sort of information ESI now
provide to us for a fee will be
available for Free on websites
in the UK within a couple of months
Date:
Thu Mar 4 10:59:12 1999 GMT/BST
From:
kremlinvodka
Count me in for 10k, However would
it not be easier to buy out ESI?
& look to improve there appauling
service.
I use Prestel on line whilst
in UK as they also supply live FTSE
index. However this is not available
over the internet, hense can not
use whilst in Russia 9 months
pa?
I have contacted ESI numerous
occasions on supplying live FTSE & evey
time they confirm they are looking
into it.
I understand they can not afford
to supply this?
There seems to be a great deal
of interest appart from shares
pensions, mortgages, capital gains
etc. You only have to look how
popular the recent BTL thread
was, so why cant ESI attract advertising
to pay for a improved service?
If you look at the moneystore
site all the major lenders + insurance
companies advertise on this site?
Date:
Thu Mar 4 11:02:31 1999 GMT/BST
From:
gd_anon
The edge we would have would be
as follows (ESI TAKE NOTE)
Esi provides SPOT quotes only (you click a button and the server sends
you a quote) which is history by the time you see it on the browser.
The software client
-------------------
By using a true client / server
system, we can take advantage of IP
multicast (i am not going to explain
what it is here)
we could have the following features
Real time chat
BB
Tickers
quotes
news
charts
Trades (buy's and sells for a
specific stock)
Alerts
portfolio mangmt
ALL THIS WOULD BE STREAMING AND IN REAL TIME, PUSHED TO THE CLIENT.
the more i look at it, the more I like it...
Date:
Thu Mar 4 11:05:11 1999 GMT/BST
From:
Mars Bar
Sounds interesting. Keep me informed.
Would be a small investor.
(justin_hughes@email.com)
Date:
Thu Mar 4 11:05:43 1999 GMT/BST
From:
richkid
I would be interested in investing
in this too.I think we could
provide a far superior service
with many added features.ESI has had
its chance and has blown it as
far as I am concerned.Its not difficult
in this day and age to be able
to provide instantaneous,constant and
accurate information,yet ESI has
consistently failed on all three
counts and are arrogant and unhelpful
when confronted.
TIME FOR A CHANGE!!!
Date:
Thu Mar 4 11:08:42 1999 GMT/BST
From:
DocProc >> Pesto
"The sort of information ESI now
provide to us for a fee will be
available for Free on websites
in the UK within a couple of months"
That is exactly the idea with the
Internet and that site could be Our
Web Site!
Web Sites that get the most hits
are the sites that are worth the
most. eventually we could be doing
most of Amazon.coms Investment Book
sales, etc, etc, etc........!
Oh I am forgetting the £b's of other
E-commerce business.
Stuff it! Count me in for the whole
£50,000. I think a lot of guys on
this BB don't realise what the
Internet is all about.
Date:
Thu Mar 4 11:10:17 1999 GMT/BST
From:
PicGuru
Why not dip a toe in first and
set up our own BB. This will achieve
THREE+ goals:
1. Generate an income in order
to provide for future expansion into
other areas.
2. Test the waters of loyaty and
the ability to attract revenues based
on quality alone.
3. Offload some of the users from
ESI so they will provide faster
access to other features which
we may still want.
IMHO the main reasons ESI is worthwhile (in order):-
1. The BB
2. The News items flagged to stockwatch
3. The fundamentals and graphs.
Prices can be retrieved from many
sites now. Items 1 and 3 ought to be
easy enough to do. Item 2 is where
most of the capital and ongoing
costs will be incurred.
gd_anon> did you not just describe something close to myTrack.
Count me in anyway for a punt on the "Bullex".
pG.
Date:
Thu Mar 4 11:10:47 1999 GMT/BST
From:
gd_anon
gd_anon >> Docproc, Should provide
a better yield than our property
activities.
Date:
Thu Mar 4 11:11:02 1999 GMT/BST
From:
gd_anon
gd_anon >> Docproc, Should provide
a better yield than our property
activities.
Date:
Thu Mar 4 11:11:29 1999 GMT/BST
From:
Viking
Sounds interesting but 50K is
way too low an estimate.
I work for a systems house which
already provides equipment (large
Data Warehousing boxes) to Reuters
so I have a few useful contacts
and could get pricing on any necessary
equipment.
I think DocProc's idea - buy ESI
would be most likely to succeed - why
reinvent the wheel when you could
just grease the existing axels.
andrew.donaldson@unitedkingdom.ncr.com
Date:
Thu Mar 4 11:11:29 1999 GMT/BST
From:
richkid
My email address is Lothianltd@aol.com
Lets at least have a serious chat
about the possibilities and see if
we can come up with a business
plan.
Date:
Thu Mar 4 11:12:37 1999 GMT/BST
From:
Floppy
I agree with leica - 50K is very
light!
An alternative would be to get
one of the big hosting boys to provide
a fully managed virtual service
for H/W, Internet backbone connection,
7x24 support etc., and use the
money to continually develop client
services that will differentiate
the proposed organisation from
providers like ESI.
I'm inloved in this area of things
and believe me, you have to be very
very serious about the premise
and how you ultimately deliver the
goods.
I fully sympathise with ESI and
the site performance issues - but also
agree that there have been some
missed opportunities - or have ESI got
something in the wings?
Date:
Thu Mar 4 11:15:08 1999 GMT/BST
From:
hotei
... and with the general level
of dissatisfaction with the CS internet
dealing service, maybe we could
take a pop at that as well ... ;-)
Date:
Thu Mar 4 11:16:41 1999 GMT/BST
From:
Jon C
Count me in.
Jon C
Date:
Thu Mar 4 11:18:40 1999 GMT/BST
From:
jctseng
I had a quick look through this
long list. I agree with gd_anon that
the web-based model is fundamentally
flawed. I left ESI in Jan, joined
MyTrack, but decided to pay ESI
GBP 25 per month just to get access to
this BB (I was blind without the
BB, the masssive drop in MKS
persuaded me). Send me an email
if anything develops further
jctseng@dircon.co.uk. I have a
few ideas we could develop. I can host
a separate mailing list or BB
to develop these ideas further.
Date:
Thu Mar 4 11:18:59 1999 GMT/BST
From:
leica >> Floppy
"...have ESI got something in
the wings?"
Err, yes E*Trade, and buying them
might be a little bit more expensive
(although at least they are listed
so we could start buying up the
shares!)
I'd be interested to know what
the fully managed virtual service would
cost - anyone got any ideas?
Date:
Thu Mar 4 11:20:13 1999 GMT/BST
From:
Learjet
hswt-
Great idea, I agree with all posters
regarding ESI lack of customer
care, and their hardware side
is as we all well know totally
inadequate etc. I'm in for the
ride.
<URL:mailto:bandb@hillfarm.u-net.com>
Just one interesting point, playing
devils advocate, - who are we
going to blame when our service
falls over, as it surely would at
least once.
vbrgds Learjet
p.s a working party could be set
up on this BB, we could bring the
plan together here, cost it, analyse
it etc. Don't worry, it would be
so secure from any competitors,
especially ESI - cos they don't listen
now and why should they in the
future ;-)
Date:
Thu Mar 4 11:21:52 1999 GMT/BST
From:
kremlinvodka
My e mail address is, kvc@dialup.ptt.ru
whilst in Russia
& kremlinvodk26@hotmail.com
whilst in UK.
Date:
Thu Mar 4 11:24:17 1999 GMT/BST
From:
cannonstrasse
When you all start up together
olease remember to cancel your ESI
subcriptions as soon as possible
to help speed up things for the few
remaining....like me.
Who was complaining about wasted threads
recently?
Date:
Thu Mar 4 11:25:09 1999 GMT/BST
From:
Bullshare
Well what have I started. I will
collate all ideas , emails and
interest.
But before progressing anything
I would really like to hear something
from ESi.
Will keep in touch!!
Bullie
Date:
Thu Mar 4 11:27:31 1999 GMT/BST
From:
DocProc >> gd_anon
I agree.
The idea would be to make our site
the best site by a mile. That is
the only way it will capture the
most hits. The initial investment
should be designed to have one
major objective - merely to capture the
majority market share of hits
to the site.
Then we start doing the deals.
ESI are not doing deals and they
can't invest enough because of it.
Hence, look at this thread length
and the reaction already!
Q. Where has Moneybags and the
rest of them gone?
A. To better, more reliably informed
sites. Only this BBB held them
here. However, you can flip within
a site but to keep changig to
different sites the BB "has to
go" I reckon. The main thing has to be
"quality and quantity of information
on the site".
Date:
Thu Mar 4 11:28:39 1999 GMT/BST
From:
Crocodile
Croc->Bullie,
You certainly have started something
here ....
Croc..
Date:
Thu Mar 4 11:28:41 1999 GMT/BST
From:
Greg
E*trade market cap is $5.5 billion,
up from £10 billion 3 months
ago... Makes you think, doesn't
it?
Date:
Thu Mar 4 11:29:08 1999 GMT/BST
From:
Hokitika
How about killing our annoyance
with CS and the market makers in one
by setting up our own side-market
electronic order book on the
internet. The software is
not that hard to write, the kit doesn't
have to be that massive, and we
have plenty of expertise right here on
this bb. With the bbers
placing their orders on this book we'd have
enough liquidity in our pet stocks.
We'd even allow shorters too, Bully!!!
Anyone know the legal ramifications
of operating a side market for
profit in the UK? Anyone
fancy a go? E-mail me
john_haywood@yahoo.com
Date:
Thu Mar 4 11:30:43 1999 GMT/BST
From:
Crocodile
Croc->DocProc
And remember REDHEAD, told you
she had gone as well !
Croc..
Date:
Thu Mar 4 11:34:49 1999 GMT/BST
From:
piggie
>>>> Bullie,
I have followed you twice in the
past (just sneaking at BB's) and have
done well so far.
email <rot.weiller@btinternet.com> (it's for real)
When you have collated the info
above contact me. I run a subscription
based IT business in Worcester
and would love to take it a little
further.
Regards
Date:
Thu Mar 4 11:40:35 1999 GMT/BST
From:
Greg
Sorry,
meant $5.5 billion up form $1
billion 3 months ago.
Date:
Thu Mar 4 11:40:37 1999 GMT/BST
From:
kremlinvodka
Correction e mail address in Russia
kvc@dialup.ptt.ru & UK
kremlinvodka26@hotmail.com
Does any one know the market value
of ESI?
Remove there client base (BBs)
should be very little????
Date:
Thu Mar 4 11:43:39 1999 GMT/BST
From:
Sparky
Count me in.
Date:
Thu Mar 4 11:44:35 1999 GMT/BST
From:
gd_anon
gd_anon >> Docproc, Just think
of the potential advertising revenue,
you could have forums, i.e mortgates,
savings, etc and each one could
be sponsered by that type of company,
the benefits will be two fold,
that only people using the forums
would see the advertising and the
company advertising would only
get viewers who were interested in that
type of product. By the
way I on the property front, just picked up a
two bed with carparking space
in velvet house (sackville street) for
£82k, its on the top floor
and the views of the city are awesom.
Date:
Thu Mar 4 11:46:41 1999 GMT/BST
From:
DocProc >> Bullie
It looks like we might need to
launch a Company to act as an entity to
work from, don't you think?
Date:
Thu Mar 4 11:47:48 1999 GMT/BST
From:
gd_anon
>> Docproc, Did you sell your
salford props.
Date:
Thu Mar 4 11:51:22 1999 GMT/BST
From:
DocProc
In the interests of loading time
as ESI is so slow this thread is best
closed so go to Part II:
<URL:http://www.esi.co.uk/silver/bboard/display.cgi/N0631148.html>
Date:
Thu Mar 4 11:54:38 1999 GMT/BST
From:
Al
Somewhat late compared to the
rest of you... let me add my
enthusiasm and willingness to
invest ideas and cash ...
Surely, the main overriding point
is that our attempt would be
owned by us. Some, presumably
significant, fraction of what
we pay goes to make a handful
of people at ESI wealthy, whereas
we could be spending it on improved
facilities.
Also, if we have gripes about service,
e.g. (mine) not having
share alerts, or more sophisticated
computational/ tracking
tools, we (I) could write them
and we could beta test them
and then add ....
I think we'd probably have to run
it a year or two before it would
be worth selling to `outsiders'.
Unless, buying out ESI was a
realistic possibility ...
Best, Al.
Date:
Thu Mar 4 11:56:41 1999 GMT/BST
From:
gd_anon
Please post to new thread
Date:
Thu Mar 4 12:07:45 1999 GMT/BST
From:
gary.rogers
For the lowly bronze subscribers
amongst us...
<URL:http://www.esi.co.uk/bronze/bboard/display.cgi/N0631148.html#001>
Date:
Thu Mar 4 12:08:42 1999 GMT/BST
From:
HAYSTACK
A good start would be information
only. If we produce a questionnaire
asking all interested parties
what information they would like then a
new site could start that way.
It would be succesful because it would
contain all the items on our wish
lists. Instead of most of us using
multiple information feeds we
would be getting everything from one
source.
1. Real time FTSE
2. Real Time DOW
3. Real Time Shares (UK
& US EASDAC etc)
4. Real Time Options
5. Portfolio list management
and valuation (real time Schwab is
yesterday closing).
6. BB (similar style to
ESI)
7. News service
8. Real time trades access
9. Fundamentals
10. Graphing
etc.
I am sure that such a site would
attract enough subscribers to be
viable. Once the information site
was working then there would be not
shortage of Brokers wanting a
partnership for online trading.
Date:
Thu Mar 4 12:17:28 1999 GMT/BST
From:
Capt.Bligh
Me too
11. Calluna advanced info
hugh@maggs.com
Date:
Thu Mar 4 12:21:05 1999 GMT/BST
From:
NEL
Another in. Really getting P'd
off with the current speed and frequent
error messages.
Date:
Thu Mar 4 12:22:55 1999 GMT/BST
From:
TechNet >> Bullie
Great idea, count me in from the
start.
I also have a domain name that
will really fit the bill.
Date:
Thu Mar 4 12:23:49 1999 GMT/BST
From:
gd_anon
THIS IS PART ONE OF THE THREAD.
IT IS NOW CLOSED.
PLEASE POST TO PART 2 (IT IS A
LOT FASTER)
<URL:http://www.esi.co.uk/silver/bboard/display.cgi/N0631148.html>
*******************************************************************
*******************************************************************
*******************************************************************
Date:
Thu Mar 4 12:29:46 1999 GMT/BST
From:
Tromso
hswt- This is all very interesting
but it seems rather late in the day
to try and setup another ESI like
service, when ESI will already be in
its 3rd generation by the time
you could start. As users we only see
the tip of the iceberg for what
must be an awful lot of work by ESI.
I would certainly like to see what E-trade will be like.
If the ESI BB is on the same server
as the rest of the ESI site, it
does sound daft. Is this
really true ?
If you do want to start up another
service. I think the best hope
would be to focus on one aspect
only: the Bulletin Board.
I can imagine having a UK web site,
that acted as the central bulletin
board to all the other internet
stock market services. It is worth
paying for a well maintained quality
bulletin board site to discuss
stocks and shares. You could have
both open public discussion areas
(like HS BB) and a members area
people would subscribe to (more like
ESI BB) The members area would
be the well maintained part, with only
one userid allowed (and payed
for via credit card) to stop abuse. The
site could then host discussion
areas for equities, fundamental and
technical analysis, investment
software, broker services etc. There
could be members reviews of packages
(with members voting for best
packages). It would be funded
by credit card subscription to the
members bulletin board area. It
could also be funded by advertisements
and could even host support areas
for investment packages etc. Access
would be via web browser, though
it should also support an offline
reader (like hswt). Some
mechanism to enable users to reference news
articles would help (eg. links
to reuters people could put in
messages). Other services could
be added later. Most members would be
expected to get real time prices,
internet trade from other sites.
This would keep the cost down
and make it easy for non-members to
upgrade to become members.
Date:
Thu Mar 4 12:32:49 1999 GMT/BST
From:
DocProc
In the interests of loading time
and also printing time another thread
has been started:
<URL:http://www.esi.co.uk/bronze/bboard/display.cgi/N0631148.html#001>
<URL:http://www.esi.co.uk/silver/bboard/display.cgi/N0631148.html>
THIS THREAD IS TOO LONG AND IS NOW CLOSED.
ANOTHER ONE (PART II) HAS BEEN STARTED.
PLEASE USE THE NEW THREAD BY CLICKING
ON ONE OF THE ABOVE URL'S
AND THIS WILL TAKE YOU STRAIGHT TO IT
Date:
Thu Mar 4 14:14:53 1999 GMT/BST
From:
Bullshare
As a result of this thread, I
have had two conversations with Julian
Costley (CEO)of ESI. Suffice to
say he is aware and understands our
concerns about the current set
up.
Because of the impending tie up
with E trade he is not publicly able
to comment upon future plans.
I will not say any more at this
stage, but Julian Costley will be
making an announcement later on
today on the Esi Announcement Section,
which will report our conversation
and agreed strategy, which I hope
you all find a step forward .
I will post my response to his
announcement later on today.
Bullie
Date:
Thu Mar 4 14:46:55 1999 GMT/BST
From:
Dusty Bin
M,
Nice one.
Danny.
Date:
Thu Mar 4 18:23:37 1999 GMT/BST
From:
Bullshare
During my discussions with Julian
Costley today, he did say he would
love to do a presentation to all
subscribers, but because of the
sensitive nature of the proposals
prior to E trade commencing, it was
agreed that a small group of 6
Esi Bbers go and talk to the Directors
and key personnel to see where
they are at!!
The plan is to visit in the week
commencing 15/3/99, the 17th or 18th
look the most likely at present.
Much of the work today to get us
to the point of meeting with Esi has
involved much behind the scenes
discussion with Esi bbers and grateful
thanks to them
Personally I feel that the visitors
must be a fair representaion of
the board, but mainly have the
support of all concerned. What I don't
want and nor do Esi want is visitors
going along and being sucked into
accepting everything that is put
before them.
Because of previous issues raised
between Esi and the board, I would
like to see Greystone as one of
the visitors( he is an IT manager),
but that must be decided by all
you lot. Of course I would like to go
, but again its up to you its
your board. Thirdly I would like to
nominate AJB,for many many reasons,
but primarily he is a crafty sod
and a forensic accountant.
So thats that bit.
Now for our own Company. How do
we go forward. I think in respect to
Esi and their genuine desire to
want to help, it would be wrong to
continue this topic on their server!!!.
It is proposed to move this thread,
its contents and future postings
onto a new BB on the BBBugle site.
Greystone and his helpers will let
us have details later. If the
idea looks commercially viable, which
from both private discussions
and the public airing, looks now very
very possible, it would be best
to set up a Private Club Bb to take it
off line completely from the public
gaze. Perhaps yahoo or such like.
The mechanics of all this do not
bare thinking about!!!
The visitors to Esi will
be veted first as Esi want to ensure no
brokers,mms, competitors or media
are included. The visitors will
have to sign a non disclosure
clause.
So what next. Well names and agreement
for visitors. Then we will need
to know what you want asked.
I hope all this is a help, and
hopefully at the end of the day we
should end with a better service
for all from Esi and/or our own
Company.!!