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Technology Stocks : Hewlett-Packard (HPQ)
HPQ 26.28+0.4%Nov 7 9:30 AM EST

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To: PCSS who wrote (1869)10/7/2002 12:21:02 AM
From: PCSS  Read Replies (1) of 4345
 
H-P to unveil sub-$900 notebook

PALO ALTO, CALIF. (CBS.MW) -- Hewlett-Packard on Monday will introduce a new notebook PC that comes with a price tag of less than $900 and is powered by AMD microprocessor technology.

The new Compaq Evo Notebook N1015v will cost $899 and takes the title of H-P's (HPQ: news, chart, profile) lowest-priced notebook PC. H-P intends to market the notebook to small- and medium-sized business customers.


"This will stack up well against our competition," said Helen Daniel, H-P product manager for the N1015v. "We're trying to reach the value-conscious consumer where price is a big consideration."

For their $899, buyers of the N1015v will get a notebook computer that has a 13-in monitor, 128 megabytes of RAM, a 20 gigabyte hard drive, a fixed optical CD drive, an AMD Athlon 1,400+ processor and Microsoft's Windows XP operating system.

H-P intends to also sell another version of the N1015v for $999 that has wireless multiport functionality, and comes with a WiFi network card and module that fits onto the notebook.

The N1015v follows in the footsteps of the Compaq D-315 desktop PC system that was launched 6 weeks ago.

H-P is under some pressure to show that it can make a profit in the low-margin PC business. One of the biggest concerns many H-P shareholders had when the company was in the process of buying Compaq was whether that deal give H-P too much exposure in the PC sector.
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