News Focus
News Focus
icon url

boca_bobby

09/24/08 6:24 PM

#58169 RE: Traderfan #58164

Traderfan,

Bloomberg has already written all over their website that they have 250,000 subscribers. I have also read that it costs $1800 per supscription. They also say they will lower the price to $1500 per subscription if 2 or more are ordered. But nothing lower than the $1500 (pro edition).

IMO, we don't need to know about what they are getting for their subscriptions. All we need is a starting point as to how many folks they have currently having subscriptions. We can then possibly look at penetration rates into what Bloomberg already has.

Now with that said, at this point it really doesn't matter if SPZi has sold 10 or 10,000 subscriptions. Of course it would be great if we sold 10,000 as the PPS would instantly jump. But what I think is better is a lower # of subscriptions with folks wanting more and more as time goes by.

If we can show a history of demand by a company like Bloomberg, what do you think other brokers will do? Now we don't know the exact # and that's great right now. This may keep the flippers at bay. Every time they flip, let's hope their shares land in the hands of a long term shareholder.

Then let's hope Paul is buying back shares along with another deal or two before the year is over. This will give us a snowball effect and as we rise, we create a stronger and stable base from which to build even greater PPS levels.

I know folks want a penny by next week. But is that's what is best for the share price? I think it's better to move up slow like we have been moving. Take a look at ClayTrader's video. Let's keep building the steps.

AIMHO,

Boca_Bobby
icon url

endub

09/24/08 11:01 PM

#58207 RE: Traderfan #58164

trader, this is a fair question you are asking and i would like to know exactly how many people in bloomberg tradebook are potential customers of spooz with this deal.

the pr is worded...

"Spooz is pleased to announce an integration agreement with Bloomberg Tradebook’s electronic trading system. Due to mutual client demand, the SpoozToolz trading software will be able to send orders and receive fills in the equity, futures, options and Foreign Currency Exchange. Spooz and Bloomberg Tradebook anticipate delivering an integrated product to customers within sixty days. The product is available to Bloomberg Professional ® service subscribers."

so it will be tied into Bloomberg Tradebook's electronic trading system...(makes one think only those who use tradebook will be potential customers)

but it IS available to Bloomberg Professional subscribers...(of which there are 250,000 members)???

i guess we really need to know how many people will be trading equity, futures, options and Foreign Currency Exchange that are Bloomberg Professionals...I am starting to think that is our potential customer base whether they are Tradebook members (yet)or not....

how does this deal benefit Bloomberg?...i would think that this is now an option in Tradebook that provides an advantage. maybe they think more people will sign up for Tradebook with this option in the Tradebook tool box.

i don't know enough about bloomberg's structure and business model to understand exactly how spooz is fitting in and how big the potential is....i need to do some more DD and if anyone else knows more I'll read about it here...for now, though, i am just excited that someone stopped at our lemonade stand....i think i'll take a few days to enjoy this milestone