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Technology Stocks : Mylex

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To: Baker who wrote (1675)9/11/1998 4:08:00 PM
From: E_K_S  Read Replies (1) of 1820
 
Hi Baker - Quite a good move on MYLX today. I hope we can hold our gains and move higher from these levels.

Here was the only news I saw today on the wire....

Compaq, HP and IBM Collaborate to Double Performance Of PCI Bus Technology

HOUSTON (Sept. 11) BUSINESS WIRE -Sept. 9, 1998 --

Broad Industry Support Drives PCI-X as Open Industry Standard

Compaq, Hewlett-Packard Company and IBM today announce a joint
development initiative to deliver significant improvements in the PCI
bus technology standard. These improvements will give customers an
unmatched level of performance for their current industry standard I/O
systems, especially for high-end business critical applications.

This new technology, PCI-X, is an extension to the existing PCI bus,
runs at speeds up to 133 MHz and provides the critical I/O bandwidth
needed for industry standard servers running enterprise applications
such as Gigabit Ethernet, Fibre Channel, Ultra3 SCSI and Cluster
Interconnects. PCI-X will provide customers with much needed PCI
bandwidth and with investment protection because it offers backward
compatibility with existing systems. PCI-X-based products will be
available in enterprise-class products the second half of 1999.

"PCI-X clearly drives industry standard computing to the next level.
Our collaboration with HP and IBM will foster the extension of existing
PCI bus standards well into the future to meet the demanding computing
requirements of enterprise customers," according to Mary McDowell, vice
president and general manager, Industry Standard Server Division,
Compaq Computer Corporation.

"PCI-X is focused on reducing customer ownership costs by extending the
life of today's PCI bus technology. IBM, along with Compaq and HP, is
providing customers with a stable technology roadmap to future I/O
systems without sacrificing their investments made in PCI technology to
date," said Randy Groves, vice president of development, IBM Netfinity.

"By delivering greater speed, improved transfer rates and increased
efficiency, PCI-X delivers leading edge innovations to an existing
technology, " said Denny Georg, general manager, Systems and
Technology, HP's Enterprise Systems Group. "Our collaboration has
resulted in the innovations needed to deliver the level of performance
required for business-critical 24x7 computing."

The 64-bit PCI-X bus operates at speeds up to 133 MHz, providing burst
transfer rates above 1 gigabyte per second, eight times the rate of the
most common PCI implementations today. PCI-X also features an enhanced
protocol to increase the efficiency of data transfer and to simplify
electrical timing requirements, an important factor at higher clock
frequencies. Allowances for future capabilities are also provided. In
addition, PCI-X is designed to accomplish this while remaining backward
compatible with the current PCI bus.

PCI-X already has broad industry support, a requirement for the
successful introduction of any new technology in this industry. In
addition to all the promoter companies, leading Independent Hardware
Vendors (IHVs) including 3Com, Adaptec and Mylex also support PCI-X and
will introduce products when platforms become available. "We are
working on PCI-X because we think it represents an important,
mainstream extension of PCI technology," said Robert Selinger, vice
president of Adaptec's Advanced Technology Group. "Adaptec is committed
to faster I/O, such as PCI-X, due to its fundamental impact on the
future of servers and workstations."

"As the worldwide networking leader, 3Com Corporation has a keen
interest in this new, standards-based technology that helps accelerate
network performance," said Randy Meals, vice president and general
manager for advanced products. "Specifically, 3Com believes PCI-X
removes one more important barrier between the individual and the
pent-up power of the network. We enthusiastically endorse the
collaboration of Compaq, HP and IBM and support their goal of making
PCI-X available as a standard bus as quickly as possible."

"As a leading RAID controller vendor, Mylex is excited about PCI-X's
potential to reduce I/O bottleneck," said KK Rao, CTO and vice
president of engineering at Mylex Corporation. "The efforts of PCI-X
group will complement recent technology advances in the RAID controller
arena that reduce I/O bottlenecks between storage and network servers."
In addition, Intel and other industry leading companies are reviewing
the PCI-X proposal.

To ensure PCI-X is broadly available to the industry as an open
standard, Compaq, HP and IBM have submitted a proposal to the PCI
Special Interest Group (SIG) to include PCI-X in future PCI standards
while ensuring consistency and compatibility with today's PCI. By
turning the technology over to the SIG, it gives all companies the
ability to develop PCI-X-based products, which will accelerate its
adoption and address a broad range of customer needs. Compaq
Background

Founded in 1982, Compaq Computer Corporation is a Fortune Global 200
company. Compaq is the second largest computer company in the world and
the largest global supplier of personal computers. Compaq develops and
markets hardware, software, solutions, and services, including
industry-leading enterprise computing solutions, fault-tolerant
business-critical solutions, networking and communication products,
commercial desktop and portable products and consumer PCs. The company
is an industry leader in environmentally friendly programs and business
practices.

Compaq products are sold and supported in more than 100 countries
through a network of authorized Compaq marketing partners. Customer
support and information about Compaq and its products are available at
compaq.com. or by calling 1-800-OK-COMPAQ.

Product information and reseller locations are available by calling
1-800-345-1518. HP Background

Hewlett-Packard Company is a leading global provider of computing,
Internet and Intranet solutions, services, communications products and
measurement solutions, all of which are recognized for excellence in
quality and support. HP has 127,200 employees and had revenue of $42.9
billion in its 1997 fiscal year.

Information about HP and its products can be found on the World Wide
Web at hp.com. IBM Background

IBM is the world's largest technology company.

Compaq, Registered U.S. Patent and Trademark Office. Product names
mentioned herein may be trademarks and/or registered trademarks of
their respective companies.

-0- cd/bos*

CONTACT: Compaq Computer Corporation
Ted Bockius, 281/927-8311

ted.bockius@compaq.com
OR

Shandwick International
Christine Cambpell, 617/536-0470

ccampbell@miller.shandwick.com

KEYWORD: TEXAS
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS Today's News On The
Net - Business Wire's full file on the Internet

with Hyperlinks to your home page.
URL: businesswire.com

*** end of story ***
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