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[News] Red Hat Explains Why Fog Computing Requires Exit Route

  • Subject: [News] Red Hat Explains Why Fog Computing Requires Exit Route
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Wed, 21 Apr 2010 21:53:25 +0100
  • Followup-to: comp.os.linux.advocacy
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/4.3.1
Hash: SHA1

Always have an exit strategy when looking at cloud

,----[ Quote ]
| GH: Red Hat has been supporting the federal 
| government in cloud computing in a number of 
| ways.
| First, on a basic technology level, much of the 
| innovation thatâs going on in cloud computing 
| and virtualization has been happening in the 
| open source world, specifically, in the open 
| source Linux project.
| Red Hat is best known as a vendor of Linux 
| services and support and our engineers have been 
| working for many years on virtualization 
| technology, and doing what it is that weâve 
| always done with the open source community, 
| which is creating an enabling layer that sits 
| between your hardware and your applciations and 
| actually gives your applications access to some 
| of the really interesting innovations that are 
| going on down in the hardware. So, in the role 
| as a hypervisor â in the role as a software that 
| hosts virtual guests in a cloud computing 
| environment, weâve been working in that space 
| for some time.



Red Hat Looks to Continue to Trade Above its Annual-High Share Price Today (RHT)

,----[ Quote ]
| Shares of Red Hat (NYSE:RHT) traded near a new
| 52-week high yesterday, touching a price of
| $32.19. Approximately 4.1 million shares
| traded hands yesterday vs. average 30-day
| volume of 2.4 million shares.


Oppenheimer Upgrades Red Hat (RHT) to Outperform

,----[ Quote ]
| Oppenheimer upgrades Red Hat (NYSE: RHT) from
| Perform to Outperform. The firm set a $40
| price target.


Above Resistance - Red Hat

,----[ Quote ]
| Shares of Red Hat, Inc. (NYSE:RHT) closed
| the trading session at $30.81 just above
| calculated resistance at $30.72 effectively
| breaking out, grabbing the attention of
| momentum traders, which could eventually
| push the stock to different trading range


Advantage: Red Hat

,----[ Quote ]
| Linux software company Red Hat is in the enviable position
| of benefitting from several near-term trends in the information
| technology industry, according to an analyst who recently
| initiated coverage of the Raleigh-based business.
| UBS analyst Brent Thill rates Red Hat shares a "buy" and
| has a 12-month price target of $35. Red Hat shares were
| trading at $30.94, up 13 cents, at mid-day today.
| The company's shares were hovering around $17 last May.

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