Captain,
That's a lot of Bibles. So the sins of the old CEO are passed on to the new CEO. That makes changing CEO's pretty worthless in general. Sorry I can't buy that theory. I do think that MC has to establish his own creditability. His honesty about the fourth quarter estimate may go a long way with the street. He could have been optimistic rather then the honest answer he gave them. So the stock price currently reflects a y2k slow down.
I like this little deal with the labor folks.
NW
WEBGALAXY, COMPAQ AND XEROX ANNOUNCE A PARTNERSHIP TO SELL COMPUTER SYSTEMS
ON WEBGALAXY'S UNITED LABOR ONLINE WEBSITE
SILVER SPRING, Md., Dec 10, 1999 /PRNewswire via COMTEX/ --
WebGalaxy, Inc. (OTC Bulletin Board: WEBY), Compaq Computer Corporation
(NYSE: CPQ) and Xerox Corporation (NYSE: XRX) announce the formation of
an alliance to sell home computer hardware, software and Internet
bundles to subscribers and guests of United Labor OnLine ( ULOL.com ).
The bundles will be made available on the ULOL.com website before the
end of the year.
The alliance will launch the program with five personal computer
bundles: Bronze, Copper, Silver, Gold and Platinum. The entry price for
the bundles will be $774 for a Compaq Celeron machine with a 15-inch
monitor. Xerox will provide color ink jet printers for the Copper,
Silver, Gold and Platinum offerings. ULOL.com Internet software will be
included in all packages. In addition, financing packages will be
offered to assist users in purchasing a ULOL alliance computer bundle.
"We are pleased to be included in this alliance with two great
companies: Compaq and Xerox," said WebGalaxy CEO Robert Harbrant. "The
packages offered trough our ULOL.com site are not watered down and will
provide end users with the technology to experience all the features
and benefits of the Internet." Mr. Harbrant went on to say that ULOL's
philosophy is not to make users enter into long-term contracts for
computers that will be antiquated well before the end of the contract,
but rather, to offer affordable computer packages that include current
technology without the long-term commitment.
WebGalaxy, Compaq and Xerox will continue to develop the alliance by
offering additional products and services. Further offerings being
developed are: business computer solutions, office equipment solutions,
portable computers, enhanced personal computer systems and much more.
This alliance marks a significant advance for the online Labor Movement.
About ULOL.com United Labor OnLine ( ULOL.com ) is a website
specifically designed to meet the needs of Unions and their members.
Features include; content specifically created for and about the Labor
Movement, national dial-in telephone numbers, e-mail and discounted
e-commerce programs. United Labor OnLine will be priced at $14.95 per
month for unlimited use.
About Compaq Computer Corporation Compaq Computer Corporation, an
information technology company, develops and markets hardware,
software, solutions and services. The Company's products and solutions
include enterprise computing solutions, fault-tolerant business
critical solutions, networking and communication products, commercial
desktop and portable products and consumer personal computers.
About Xerox Corporation Xerox Corporation develops, manufactures,
markets, services, and finances a range of document processing products
and services for use in offices around the world. The Company also,
through subsidiaries, provides network management, consulting, design,
and integration services for medium and large companies.
About WebGalaxy, Inc. WebGalaxy is headquartered in Silver Spring, MD.
The Company strives to provide top quality Internet products and
services to the affinity marketplace. For additional information on
WebGalaxy or the products that it offers, call 301-563-6910.
SOURCE Web Galaxy Inc.
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com
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