Research Wizard works in two modes: Internet or Local.
Default Internet mode
When running in Internet mode, you are accessing databases via Zacks servers.
Optional Local DBCM
You are also given an option to work with DBCM database (only) in the off-line (Local) mode if you choose so. But that means that you will still need to download DBCM and Company Description databases to the c:\zir folder on your PC.
Automated Mode Switch
If you choose to switch to Local mode (after downloading DBCM and Company Description databases), select Local Mode option from the Research Wizard 4.0 Tools menu. The software will automatically switch from Internet to Local Mode. To return to Internet mode, select Internet Mode option from the Research Wizard 4.0 Tools menu.
Running reports on Full Universe in Local Mode
When using Research Wizard in Local Mode, if you do not select any screening criteria, the report will be run on all companies in DBCM.