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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Ada Marie who wrote (64038)6/23/1999 9:27:00 PM
From: Elwood P. Dowd  Read Replies (2) | Respond to of 97611
 
3 million dollars, if my memory serves me correctly. El



To: Ada Marie who wrote (64038)6/24/1999 7:20:00 AM
From: hlpinout  Read Replies (1) | Respond to of 97611
 
Morning Ada,

Compaq Finally Gets
Altavista.com
(07/29/98, 8:22 p.m. ET)
By John Borland, TechWeb

Although final details may still need to be
worked out, it appears Compaq's AltaVista
site will finally get its coveted altavista.com
domain name.

News of the deal, which was pegged at more than $3
million by sources close to the talks, leaked out
Tuesday. According to Compaq (company profile), the
negotiations are unfinished, and the company refuses to
confirm reports of the domain's sale.

But officials at AltaVista Technology, the small
Campbell, Calif.-based company that still owns the
rights to the name, said an agreement to sell the name
had been signed. "I can't talk about any of the details of
the settlement," said Jack Marshall, president of
AltaVista Technology.

Marshall did say the agreement would end the court
battle over the altavista.com name that has pitted him
against Digital Equipment since 1996.

The domain-name purchase is a critical one if Compaq
plans to move ahead with its portal ambitions, analysts
said. "In terms of buying a URL, outside of the price,
this is a smart move for Compaq," said Ron Rappaport,
an analyst with Zona Research.

A portal is a site designed as a jumping-off point for the
rest of the Web, aggregating content and user services
such as chat and free e-mail. Companies like Yahoo
and Excite have captured a vastly disproportionate
share of the Web's advertising dollars by casting
themselves in this mold, and AltaVista wants to follow
suit.

Compaq's AltaVista has already established a solid
brand name online, but largely as a search engine,
Rappaport said. The company clearly wants to catch up
with the other portal players, and has added news,
content "zones," and user services such as free e-mail
services.

But Compaq now needs to market the site with an
easily remembered Web address. "They needed to
secure that URL so that they could go ahead with the
advertising and marketing that will turn them into a
portal site," Rappaport said. "That next step could not
have been taken with altavista.digital.com."

Meanwhile, the $100 investment Marshall made in
1994 proved to be spent even more wisely than had he
invested in Microsoft stock.

The California entrepreneur is switching the focus of his
company, he said Wednesday. Starting in August, he
will open a free Web photo-album page, offering
upload and hosting services for anyone who wants to
put their digital photographs online. The service will be
funded by ads and a gift store selling items from picture
mugs to photo-frosted cookies, he said.

The album-hosting service is already getting a trial run
as part of a Disney promotional campaign for its A
Bug's Life movie. Software for the service will be
bundled by Hewlett-Packard, Polaroid, and several digital-camera manufacturers, Marshall said.