read: (v) to examine and grasp, interpret and discern, to utter or render aloud, to predict, to study, to learn, to indicate, to show
reed: (n) a tall, slender-leaved plant of the grass family; a thing or person resembling the plant
read: (adj) informed, learning, having knowledge, to take something for granted (v) past tense of read
red: (adj) of a color at the end of the spectrum next to orange and opposite violet; (n) color or pigment, a red thing or person
Once I read about a red reed and I'd like to read about it again.