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Technology Stocks : Compaq

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To: fooledalot who wrote (52452)3/10/1999 8:00:00 AM
From: rupert1  Read Replies (1) of 97611
 
For those who read my posts about EP interview from China on ML with Lou Dobbs, I should add that he mentioned that CPQ was working with various levels of Government and that in addition to the other things I mentioned was getting involved in e-commerce.

That ties in with the following which has also got a refence to ComputerLiteracy.com:
______________________________
HOUSTON, TEXAS, U.S.A., 1999 MAR 9 (NB) -- By Bob Woods, Newsbytes.

The Chinese may have invented paper. But an American company,
specifically computing giant Compaq Computer Corp. [NYSE:CPQ], is
helping the Chinese bring paper-based books to the reaches of
cyberspace in a joint project with China Information Highway Corp.
(CHIC).

The new Beijing Book Center, described as Bejing's "biggest Internet-
based bookstore" is now live on the Internet. The new online bookstore's opening ceremony was officiated by Eckhard Pfeiffer, Compaq president and chief executive officer (CEO), who is on a four-day visit to China.

Lin Wenyi, vice mayor of Beijing, was also at the opening, along with
more than 200 government officials and guests from various municipal and national ministries, the publishing administration, and China's leading banks.

CIHC is responsible for technology deployment, systems integration and building the infrastructure to support the online bookstore. Compaq, meantime, provides servers, technical, and network architecture support for the project. The project also involved the support of the People's Bank of China (POBC) and 11 commercial banks. PBOC, which is organizing the National Bank Card Exchange Center, and the other banks are now jointly building a Secure Authentication Center to support online banking.

The Beijing Book Center took just six months to develop, and stocks
more than 160,000 Chinese book titles.

In the process, Compaq is helping the effort to turn Beijing into
an E-Commerce Capital City, as the Beijing Book Center is a "pilot
project" towards that goal, officials added.

Compaq is also helping another specialized community to buy books via
the Internet. The company's pact with ComputerLiteracy.com calls for the electronic retailer to set up an online bookstore serving Compaq's Fortran developer community (Newsbytes, Mar. 8). ComputerLiteracy.com, which provides books, books, documentation and training materials for technology professionals, said it created an online bookstore accessible from Compaq's Digital Fortran Developer Web site that lets developers buy books, documentation and developer tools at a discounted rate.

The new co-branded Web site, at compaq.com , serves
"tens of thousands" of Fortran developers worldwide.

Fortran, which is short for formula translation, was designed for use by engineers, mathematicians, and other users and creators of scientific algorithms, according to the WhatIs.com Web site. Although the language has largely been replaced by the C language, many older Fortran users stick by it. Today, Fortran is widely used in the auto and aerospace industries, energy and utilities organizations, research institutions,government organizations and scientific communities, ComputerLiteracy.com said.

Other companies teaming with ComputerLiteracy.com to offer custom
online stores for their user bases include Microsoft, Sun Microsystems and Hewlett-Packard Co., officials said.

Reported By Newsbytes News Network, newsbytes.com .
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