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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?

To: Jenne who wrote (10967)	6/28/1999 10:32:00 AM
From: polarisnh	Respond to of 19700

I see CPQ and Cabletron have announced an e-business strategy this morning. I wonder if CMGI and Compaq will announce something else this afternoon? Cabletron and Compaq Align to Supply NonStop eBusiness Networking Solutions ROCHESTER, N.H. / HOUSTON--(BUSINESS WIRE)--June 28, 1999-- Cabletron Systems (NYSE:CS - news) and Compaq Computer Corporation (NYSE:CPQ - news) 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® 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.