FYI:
1) There are several instructive white papers on REDB's web site that nicely explain data warehousing and how REDB is different. I finally understood how warehousing differs from OLTP systems like ORCL, SYBS, IFMX, etc., and why REDB's approach makes tremendous sense. What this company needs to do is to aggressively get its message out, and get a lot of other companies to develop vertical applications around the REDB warehousing technology. The HP relationship has got to be very positive over time.
2) Today (1/22), REDB may be undergoing an "outside reversal day", i.e., the price opened lower ($6.22) than yesterday's close ($6.38), made a lower low ($6.00), and appears to be closing higher than the previous day's close. Right now, it's trading at $6.44-$6.50. If it stays here, or closes higher, it should be a positive, at least in the short term. We should see a rally that will, over the next few weeks, test the recent high of $9.68. |
