Thoughts about the stock quote database

=?iso-8859-1?Q?Tor-=D8yvind_Gundersen?= torg@Otrum.no
Tue, 12 Dec 2000 11:22:29 +0100


I don't think I can stop using GnuCash after getting the taste of it. =
Good
work, guys :)

I recently joined the gnucash-devel list, so I haven't even had the =
time to
lurk around a lot, but I've browsed through the recent entries in the
archive. There I read about the ongoing process of separating the stock
qoutes from the GnuCash accounts.

My main question: Will this stock quote database be a separate product =
or
will it only be a part of GnuCash? I think it would be great to have a
separate quote database accessible from a variety of financial =
applications
like GnuCash (of course:), Gnumeric(?), graph plotters, technical =
analysis
programs, ...well, you name it.

By outsourcing the stock quote handling, GnuCash doesn't have to know =
about
how to access all the different stock exchanges, and the end user =
doesn't
have to maintain different databases containing the same quote datasets =
(a
big advantage).

Because of its fundamental usage, the quote database should only =
include
"official market prices", or else the results from, say, a technical
analysis program would be at least unreliable.

Following this thought, I don't see how it makes sense to put the =
buy/sell
price from an actual transaction in a GnuCash account into the quote
database, as the price entered in GnuCash might be the result of a =
special
deal like, say, a bet :)

That would also solve the problem of how deleted transactions in =
GnuCash
would affect the quote database (as mentioned in the other thread). =
Simply
because a stand-alone quote database wouldn't be affected at all.


I hope this hasn't already been discussed to death, and I really hope I
presented some new points and not only stated established facts.

Again, thanks for a great program.


Regards,
--=20
Tor-=D8yvind Gundersen
tor@gundersen.nu