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Technology Stocks : Compaq

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To: Charles Tutt who wrote (93739)11/14/2001 2:33:42 AM
From: The Duke of URLĀ©  Read Replies (4) of 97611
 
This is the kind of stuff that is announced right before bad earnings are announced:

HP to kill older 3000 server line
By Stephen Shankland
Staff Writer, CNET News.com
November 13, 2001, 6:00 p.m. PT

Hewlett-Packard plans to announce Wednesday that it will discontinue the venerated 3000 server line after 30 years, CNET News.com has learned.

The Palo Alto, Calif., company, struggling with an economic downturn and an attempted acquisition of rival Compaq Computer, apparently decided the line was too expensive to continue, sources said. HP made an effort to reinvigorate the line, which runs the MPE operating system, but most of the company's server attention is directed at its 9000 Unix server line and its NetServer Intel server line.

HP plans to support existing customers for the next



news.cnet.com
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