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Scooped by Philippe J DEWOST onto cross pond high tech |
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BlackBerry was up 15% on Feb 4th after it got a ringing endorsement from Bernstein Research. Bernstein slapped a $22 price target on the stock based mostly on the notion that investors don't fully appreciate how big the BlackBerry 10 launch will be.
The 15% jump is the just the latest in a series of big days for BlackBerry which was trading close to $6 at its lowest point recently.
But before people get too excited about Bernstein's note, or BlackBerry in general, take a look at this chart of Palm when it tried to resurrect its fortunes.
Philippe J DEWOST's insight:
Call it a "Pre"cedent as we say in french. BB aware ! Delete the scoop?
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Numenta is a startup with a cloud-based prediction engine for streaming data. The company launched in 2005 and went into beta earlier this year. It is ready enough now to start making a difference that the New York Times profiled its founder, Jeff Hawkins, this week and called his company a brainy big data company--a play on Hawkins' theories on neuroscience.
In fact, Numenta's core technology, the Grok prediction engine, was developed based on a theory of the neocortex. Hawkins' approach may upset the big data applecart, according to the Times, because it focuses on real-time streaming sensor data and goes against the grain of mass storage that is driving much of the development on databases such as Hadoop. Hawkins told the Times that "much of this will be a relic within a few years." He said Hadoop won't go away, but it will manage a lot less stuff and that querying databases won't matter as much. "It only makes sense to look at old data if you think the world doesn't change," Hawkins said. Delete the scoop?
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