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Technology Stocks : Red Brick Systems
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To: Thure Meyer who wrote (149)1/22/1998 3:14:00 PM
From: Observer  Read Replies (1) of 304
 
What I don't understand is, they've now had two quarters of profitability. Granted, it isn't great profits, but still 6c/share over the last two quarters is quite a ways from LOSING 30c in 1998. That's an awfully big swing in fortunes that seems inconsistent with their top line growth, new HP and other relationships, and all the new accounts they seem to be winning.

Archer, when you participated in the conf. call, did mgmt. give any indication that 1998 was going to lose money?! Were there any indications that REDB was planning to spend significantly more than the rate of revenue growth?
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