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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (27341)6/9/1998 8:11:00 PM
From: Night Writer  Read Replies (1) of 97611
 
by Frank Barnako, CBS MarketWatch

Compaq markets Presario as PC for the Net

Compaq Computer Corp. (CPQ) Tuesday showed a new line of
Internet-ready computers featuring a keyboard pre-set to launch
e-mail, Web searches and other features. The new Presario line
comes with an America Online (AOL) icon on the desktop, as well as
a $100 rebate for customers who sign up for a free trial of
Compaq's own new Internet access service.

Compaq is hoping to make $1 billion a year in fees from Internet
service providers and online services. The company announced a
multi-year agreement with AOL, under which it will receive fees
based on how much Presario owners use the service, The Wall Street
Journal reported. "We've focused on placing connectivity front and
center," Compaq consumer division chief Rod Schrock said. "That's
going to drive sales now."

Junglee offers comparison shopping site

Junglee Corp., developer of agent software which supports
comparison shopping across sites on the Web, Tuesday announced its
own branded service. Launched in conjunction with Compaq
Computer's new product launch Tuesday, Junglee Shopping Guide
(compaq.junglee.com/compaq/ top.shtml) has nine categories of
goods for shoppers to review. "Junglee is committed to making it
easier for people to locate, compare and transact products from
across the Web," said Ram Shriram, president and COO of Junglee.
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