Replies to post #76521 on Savvy Trades and Investments

[2morrowsGains]

WSTG...Look at today's news on Liqid and connect the dots...

Climb Channel Solutions Pens New Deal with Data Center Disruptor Liqid to Distribute Composable Infrastructure Solutions
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156302000

Taken WSTG's May 2020 cc...
"But there's been a couple of brands that we picked up here in even the last 30 days that we think are going to be impactful a year out from now. And a lot of it are companies like Liqid, which is a composable architecture hardware platform. We just inked that contract here within 10 days. And we see a tremendous amount of upside in the differentiation they have in the market. So I would say Liqid is one of the ones that's actually fairly new that we're just beginning the onboarding process on."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155936127

Taken from WSTG's Aug 2020 cc...
"On the other hand, another vendor we added in the quarter was Liqid, which is a information technology Company that provides comprehensive composable infrastructure. Their product is a leading edge and potentially disruptive technology in the market. And they're a fairly early stage startup that's just beginning to create their routes to market. THEY CAME TO CLIMB, so that we could help them effectively create their sales channel together."
https://seekingalpha.com/article/4368200-wayside-technology-group-inc-wstg-ceo-dale-foster-on-q2-2020-results-earnings-call-transcript?part=single

TODAY's NEWS Re: Liqid...

Liqid Wins 2020 Artificial Intelligence Breakthrough Award
August 28, 2020

LOS ANGELES, Calif., Aug. 28, 2020 — AI Breakthrough, a market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market, announced that Liqid, provider of the composable infrastructure platform, has been selected as winner of the “AI Platform Innovation Award” in the 2020 AI Breakthrough Awards program for Liqid’s Command Center composable infrastructure software.

The Liqid composable infrastructure platform delivers software-defined, adaptive resource allocation across bare metal via Liqid’s ultra-low-latency intelligent fabric to ensure significant increases in data agility, capacity and bandwidth. Liqid Command Center composable infrastructure software delivers dramatic improvements for data center resource utilization and efficiency, including software licenses, to improve overall total cost of ownership and significantly improve data center efficiency.

With Liqid Command Center software, resources are directed to whatever application requires them, while hardware can be added as required without having to deploy bundled converged systems that provide uneven performance. Accelerator technologies such as GPU, NVMe, FPGA, storage class memory, and networking can be pooled and deployed at bare metal in previously impossible quantities via Command Center across PCI-Express, Infiniband, and Ethernet. With right-sized, bare-metal servers defined through software, resources can be released for other purposes once a task is complete.

“As data volume and associated performance needs evolve and artificial intelligence becomes either the primary function or a compelling feature of today’s most valuable business applications, siloed converged and hyperconverged architectures leave equipment sitting idle,” said Sumit Puri, CEO and Cofounder, Liqid. “Liqid has innovated an approach to infrastructure capable of adapting the enhanced resources to each phase in the AI workflow as is required, ensuring significant increases in data agility, capacity and bandwidth.”

The mission of the AI Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of AI and machine learning related categories, including AI platforms, Deep Learning, Smart Robotics, Business Intelligence, Natural Language Processing, industry specific AI applications and many more. This year’s program attracted more than 2,750 nominations from over 15 different countries throughout the world.

“Liqid’s innovative platform is an exciting and impressive breakthrough for next-generation applications, including AI, IoT, DevOps, Cloud and Edge computing and beyond,” said James Johnson, managing director, AI Breakthrough. “By dynamically composing physical servers on demand from pools of bare-metal resources, Liqid boosts organizations’ infrastructure performance for artificial intelligence, accelerating time-to-value for AI deployments. We extend a hearty congratulations to the entire Liqid team for their well-deserved industry recognition and ‘AI Platform Innovation Award’ designation.”

Liqid has collaborated with organizations to create one of the industry’s fastest GPU supercomputers with off-the-shelf components and has created one of the industry’s fastest single-socket servers with composable NVMe storage. Liqid has also worked with the University of Illinois at Chicago to deploy infrastructure that amplifies adaptive GPU computing performance for visually intensive scientific research.

About AI Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including AI Platforms, Robotics, Business Intelligence, AI Hardware, NLP, Vision, Biometrics and more. For more information visit AIBreakthroughAwards.com.

About Liqid

Liqid provides the world’s most-comprehensive software-defined composable infrastructure platform. The Liqid Composable platform empowers users to manage, scale, and configure physical, bare-metal server systems in seconds and then reallocate core data center devices on-demand as workflows and business needs evolve. Liqid Command Center software enables users to dynamically right size their IT resources on the fly. For more information, contact [e-mail] or visit liqid.com. Follow Liqid on Twitter and LinkedIn.

Source: Liqid
https://www.hpcwire.com/off-the-wire/liqid-wins-2020-artificial-intelligence-breakthrough-award/

[2morrowsGains]

WSTG...Today's presentation was good!!...Look for upcoming news on the cloud marketplace and GSA contracts. Also sounds like they are in the hunt for another acquisition.
https://www.webcaster4.com/Webcast/Page/2019/36799

[2morrowsGains]

WSTG...More GOOD news for WSTG's CLIMB...Chef acquired by Progress...

Progress snags software automation platform Chef for $220M
https://techcrunch.com/2020/09/08/progress-snags-software-automation-platform-chef-for-220m/

Progress Software Could Massively Expand Chef’s Reach Through OEM Relationships
Once it closes a $220 million acquisition, Progress can expose Chef’s popular open source DevOps tools to a distribution channel of 1,700 ISVs that already embed its app development technology.

HERE's THE KICKER Re: Wayside/WSTG/CLIMB...

"Earlier this year, Chef introduced its first channel program, and the synergies with Progress will substantially benefit those partners, said Dale Foster, CEO of Climb Channel Solutions, a channel distributor for both Progress Software and Chef headquartered in Eatontown, NJ.

The deal “marries great dev-focused technologies from Progress with market-leading ops capabilities and promises to really move our customers’ DevOps capabilities forward in ways that neither company could have done alone,” Foster told CRN.

Progress Software’s R&D and go-to-market machinery will give Chef a massive boost in its ability to innovate and expand into global markets, Foster said.

“We are longtime partners of both companies and are really excited for the possibilities introduced by the acquisition,” he said."
https://www.crn.com/news/cloud/progress-software-could-massively-expand-chef-s-reach-through-oem-relationships?itc=refresh

[2morrowsGains]

WSTG...hweb, seems like there has been strong accumulation in the $25's. I put in a few $25+ sell orders earlier this week (to diversify some of my profits into PCTI, IEC, JNPR), and the orders were filled above the bid!! I still hold a good position, but don't want to feel too overweight in any one stock in this kind of market. (And trust me, I have been overweight WSTG for a while). It has been an excellent investment for me, and I plan on riding it out into next year and beyond, as long as they keep growing like they are.
Thanks for your insight along the way.