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Subject Author Date
Does Intuit/Quicken really have us over a barrel charly@earthlink.net 02-14-2008
Posted by charly@earthlink.net on February 14, 2008, 8:04 pm
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 Quicken is discontinuing support and functionality for Quicken 2005. Is
there any other program that can read Quicken files (I don't want to
loose existing work) and can download account information from banks and
credit card companies?

Posted by Stubby on February 15, 2008, 8:31 am
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> Quicken is discontinuing support and functionality for Quicken 2005. Is
> there any other program that can read Quicken files (I don't want to
> loose existing work) and can download account information from banks and
> credit card companies?

You probably don't want to lose your work either.

I have always wondered how the Quicken database format and encryption has
gone uncracked all these years. It changes every year, but that probably
means that the key is the release date. Intuit has released programs over
the years that could dip into the database and pull out numbers. TurboTax
is one. These programs start up very quickly so I'm sure they don't read
through the entire file. It must be simple, but it has escaped all the
hackers!



Posted by Bernie on February 15, 2008, 9:16 pm
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On 2/14/2008 7:04 PM, charly@earthlink.net wrote:
> Quicken is discontinuing support and functionality for Quicken 2005. Is
> there any other program that can read Quicken files (I don't want to
> loose existing work) and can download account information from banks and
> credit card companies?

It will continue to work. You will no longer get bug fixes, but if you
haven't encountered a bug in the program by now there is a very high
probability that you won't in the future.

You will no longer receive downloads of stock prices or stock news. You
will have to input stock prices yourself if you want them, but you can
do that.

And of course Intuit has given you two or three alternatives since you
purchased the license to the 2005 version.

Posted by chas on February 16, 2008, 3:08 pm
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Bernie wrote:
> On 2/14/2008 7:04 PM, charly@earthlink.net wrote:
>
>> Quicken is discontinuing support and functionality for Quicken 2005.
>> Is there any other program that can read Quicken files (I don't want
>> to loose existing work) and can download account information from
>> banks and credit card companies?
>
>
> It will continue to work. You will no longer get bug fixes, but if you
> haven't encountered a bug in the program by now there is a very high
> probability that you won't in the future.
>
> You will no longer receive downloads of stock prices or stock news. You
> will have to input stock prices yourself if you want them, but you can
> do that.
>
> And of course Intuit has given you two or three alternatives since you
> purchased the license to the 2005 version.

We must have read the notice differently. Here is an extract.
Q. What does the Quicken Service Discontinuation Plan mean to you?

A. It means that after April 30, 2008, online services (such as
downloading financial data from your bank, credit card accounts, or
investment accounts) and live technical support will no longer be made
available through Quicken 2005.

Now to me that means you can't really say "It will continue to work". I
has no value to me if I can't use it with my bank account.
Sure they gave me a couple of chances to upgrade. Now, since I didn't
take advantage of the "chances", I am being forced to.

Posted by John Pollard on February 16, 2008, 9:44 pm
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Monroe wrote:
> Christ, bud . . . . why the rant?

Andrew doesn't need any help; but I agree with him. Asking the
question as you have demonstrates that you have entered a
discussion in which you have nothing to offer.

> Quicken has never been a top-shelf piece of software and
> people have
> and continue to have problems with it.

What the hell is a "top-shelf piece of software"? And how in
the world did you become the guru who could make such decisions?

> And some people get pissed at
> that. Moreso if indeed they do follow the upgrade circuit and
> run
> into continual problems. It's always been a senstitive topic
> . . . .
> whether Intuit or MS Money. It doesn't really matter which of
> the
> two. And both of those companies have figured out how to make
> this a
> very nice cash cow.

You clearly do not know what you are talking about.

Quicken has an 80% share of the market ... that doesn't leave
much for Microsoft. But MS has no excuse for not providing a
better product ... they have more than enough resources to
create a competetive product. The market has spoken: and the
market proves you don't know what you're talking about.

And I bet neither company is making any fortune from their
"personal financial management" products: Intuit makes less than
17% (and most likely, considerably less than 17%) of their
revenue from Quicken.

> Just wish they would put that degree of thought
> into making bug free software.

Just wish you had something truly informed to say on the
subject. You clearly do not know anything about developing
software for the personal financial market ... if you know
anything at all about developing any product.

Sittiing around in your easy chair and pretending that someone
else can, and should, provide you exactly what you want, for
exactly the price you want to pay, is the sign of a person who
is unable to take responsibility for themselves. A person who
thinks their problems are always caused by someone else ...
despite the fact that they have no idea how to do any better
than that "someone else".

What you better do is thank your lucky stars that Intuit (and
Microsoft) continue to provide their PFM products, because it's
very clear that you couldn't replace them with any other
product, and you couldn't create a product of your own.

--
John Pollard
First initial underscore Last name at mchsi dot com
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