Compaq Message Board - Msg: 7231881

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Technology Stocks : Compaq

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To: Pruguy who wrote (43150)	1/12/1999 8:23:00 AM
From: Lynn	Read Replies (3) of 97611

Everyone on the thread has viewed the purchase of shopping.com as evidence CPQ is not going to spin-off or IPO Alta Vista. Here's an article from _The Register_ in the U.K. that takes a different view of the purchase also worth considering as a possibility. BTW, the points you brought up about shopping.com are serious problems. I sure hope CPQ has a good plan how to rectify these whether it keeps shopping.com or ultimately gets rid of it [via an A V spin-off or IPO]: Posted 11/01/99 5:53pm by Tim Richardson [note: U.K. 11/1 = U.S. 1/11] Alta Vista set to go it alone theregister.co.uk [quote begin] Compaq's decision to buy beleaguered Shopping.com for its AltaVista Net guide only serves to fuel speculation that the world's second largest computer company is getting ready to flog the portal it acquired last year, The Register can reveal. The $220 million deal announced today would give Compaq a 90 per cent stake in Shopping.com. More importantly, it would make AltaVista even more attractive to prospective buyers since the portal would also include a major, and potentially important, revenue earner. In a pre-prepared press statement, senior Compaq executive Rod Schrock said: "Our intent is to make AltaVista the leading guide for both information and ecommerce on the Internet." And he is hoping to drive even more traffic to Shopping.com by using the AltaVista portal and Internet-enabled Compaq PCs. No one from Compaq was available for comment on rumours of the sell-off. ® [quote end]

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