You are very correct sir. And another point that needs to be cleared up. Our friend clobal continues to speak of this deal being no big deal because Bloomberg TRADEBOOK made only 14.3M for 2007. My take is that this view is very shortsided.
It's obvious to some of us that Bloomberg wants to sell subscriptions of Bloomberg TRADEBOOK. With a customer base of 250K for the informational Bloomberg system, Bloomberg TRADEBOOK still has a huge upside. That's where SPZI and SpoozToolz can play an important role in the expansion of professional traders using Bloomberg's software for trading purposes as well as information.
It's an all in one solution for the professional trader! You get fundamentals, technicals, analysis, backtesting, strategies, etc. by simply adding the functionality of excel and SpoozToolz.
So I say it again. It doesn't matter how many subscriptions Bloomberg has ordered right now. It's how many they will want in the future as SpoozToolz is revealed to more and more professional customers Bloomberg now serves.
What will the penetration rate of SpoozToolz get into the 250K customer base of Bloomberg? This has huge upside potential, IMO.
Boca_Bobby
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