Painting The Tape

We love to collect beautiful things here at UTC...is it any wonder that the chart of Riverbed Technology (RVBD-NASDAQ) recently caught our eye? Who needs Warhol when Riverbed is on your sheets. The long side of your sheets that is.

The first substantial pullback in the stock since its IPO was met with that age old remedy...a press release…

Riverbed Technology, Inc. (Nasdaq:RVBD - News), the performance leader in wide area data services, announced today that the Korean Ministry of Labor and Ministry of Foreign Affairs and Trade have purchased and successfully deployed Riverbed’s award-winning Steelhead® appliances to improve application performance over wide area networks (WANs). In addition, strategic Korean customers LG Electronics, Samsung Electronics, SK Shipping and Asiana Airlines have chosen Riverbed to enable collaboration between remote sites, consolidate IT infrastructure, accelerate application performance or improve data protection. Market Wire

No position here...but we want to do some work on it.

We will keep you posted.

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