Real time weblog analysis

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Have anyone used weblog expert to do real time analysis of logs ? if yes then how?

For example: From multiple servers , analyze and report bot traffic every 15 mins (maybe real-time) and alert on it if value is over certain threshold.
Can we do this using weblog expert?
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Michael
Unfortunately the program isn't intended for such analysis. It doesn't contain alerting options, and the reported visitors count may be inaccurate if analysis is performed very often (as it affects processing visitor sessions that span across several update periods).