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To: rascalbythesea who wrote (14157)6/28/1999 10:00:00 AM
From: signist  Respond to of 42804
 
(BSNS WIRE) Cabletron and Compaq Align to Supply NonStop eBusiness Networking Solutions


Business/Technology Editors

ROCHESTER, N.H. / HOUSTON--(BUSINESS WIRE)--June 28, 1999--
Cabletron Systems (NYSE:CS) and Compaq Computer Corporation (NYSE:CPQ)
announced today Cabletron will provide, according to Compaq's
specifications, sophisticated networking products bearing the Compaq
brand. In addition to this agreement, Compaq will incorporate selected
Cabletron technologies in Compaq networking solutions. This alliance
for enterprise networking continues the multi-year relationship
between the two companies to supply a premier line of Compaq-branded
networking solutions. These products will meet the critical demands of
Compaq's NonStop(R) eBusiness customers.
"This next phase of our relationship with Compaq marks a
significant milestone for Cabletron," said Piyush Patel, CEO and
president of Cabletron Systems. "Through Cabletron's aggressive
partnership strategy, we are able to deliver flexible, best-in-class
networking technologies and solutions to a variety of Compaq customers
worldwide."
The first wave of the Compaq/Cabletron agreement is focused on
delivering high-performance, high availability, secure, and scalable
multi-layer LAN/WAN switching and routing products. The alliance will
incorporate both current and future Cabletron-developed networking
technologies under the Compaq label.
"Compaq's enterprise network products are key components in
Compaq's overall NonStop* eBusiness architecture and solutions," said
B.J. Johnson, Vice President and General Manager Compaq's Network and
Access Communications Organization. "Cabletron's industry-leading
networking technology is a perfect complement to Compaq's world-class
server, storage and services capabilities". "Together, these solutions
deliver the highest levels of functionality, performance and
reliability."
Compaq and Cabletron remain committed to their customers by
offering and supporting Digital Branded networking products provided
by Cabletron.

About Cabletron Systems

Cabletron Systems, a premier provider of enterprise-class
networking solutions, delivers dependable network access and
communications to millions of people worldwide. With scaleable
products designed for Fortune 1000 enterprise networks, service
providers and small businesses, Cabletron is the e-business
communications specialist for the information age. Cabletron's web
site can be reached on the Internet at www.Cabletron.com.
With corporate headquarters in Rochester, NH, Cabletron employs
more than 5,700 people worldwide. Cabletron's common stock is traded
over the New York Stock Exchange under the symbol CS.

About Compaq

Compaq Computer Corporation, a Fortune Global 100 company, is the
second largest computer company in the world and the largest global
supplier of computer systems. 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.

--30--sb/bos*

CONTACT: Cabletron Systems
Karen Gordon, (603) 337-2639
kgordon@ctron.com
or
Compaq
Ted Bockius, (281) 927-8311
ted.bockius@compaq.com

KEYWORD: MASSACHUSETTS TEXAS NEW HAMPSHIRE
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 ***



To: rascalbythesea who wrote (14157)6/28/1999 12:35:00 PM
From: WebDrone  Read Replies (1) | Respond to of 42804
 
I NEED HELP WITH THE BONDS!

Some of the short position is normal shorting.

Some of it is due to the Bonds. Could someone financial help me out? I will work some figures tonight... I'm pretty busy today.

Some short covering could be the short position declining as MRVC look up. If MRVC is buying back debt, those short shares would cover also, no? How do these numbers look, ballpark?

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