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Technology Stocks : Red Brick Systems
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To: Smilodon who wrote (225)4/21/1998 9:36:00 PM
From: J L Segal  Read Replies (2) of 304
 
I wonder if the DCI Data Warehousing conference in Canada this week might also be having a positive effect on REDB stock. biz.yahoo.com

I, too, was tempted to sell some of my REDB, but decided instead to write some covered calls on part of my position. Much of my position is long term and I don't want to forfeit the favorable tax status.
REDB may have gone for a run today, but IMO it was undervalued in the $5 -$6 range. Also, I don't want to add to speculation, but it really wouldn't surprise me if REDB is eventually bought out. That could explain a lot of things.

JL

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