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

To: Klingerg who wrote (8760)	8/19/1999 4:59:00 PM
From: Klingerg	Read Replies (1) \| Respond to of 11417

To All: More on HP Conference...If it looks like a Wave, moves like a Wave then it must be the Wave.... HP Promises Big Internet Push (08/18/99, 6:33 p.m. ET) By Jan Stafford, VARBusiness Although Hewlett-Packard got off to a slow start in Chapter One of the Internet revolution, executives said it is poised for leadership in Chapter Two. At HP World Wednesday, Bill Murphy, HP director of Internet marketing, said the company had been "chastised" for moving slowly in Internet technologies. "We're not going to do that in Chapter Two," he added. Murphy defined Chapter One as the website era, with users simply accessing information via the Internet. Chapter Two will bring automated electronic services to customers using the Internet "on the fly." In this world, technology will take a back seat as a facilitator of business processes, he said. "Chapter Two will fundamentally change the way businesses view IT services," said Ann Livermore, president and CEO of HP's Enterprise Computing Group. Rather than an asset that is owned by the user, IT will be a set of services bought on a utility basis. She said about $68 billion will be spent on wireless services in 2005, with $8.6 billion of that being spent on data services, according to Forrester Research, in Cambridge, Mass. This huge market opportunity for Internet technology is occurring because "almost every company is suffering from Internet anxiety," Livermore said. They fear falling behind the Internet technology curve and being outpaced by faster, nimbler companies. HP is focusing its e-services attack on leveraging its infrastructure support and forging partnerships with e-services companies spanning all industries.. The three solutions arenas HP targets are apps-on-tap, next generation e-services portals and dynamic brokering. Apps-on-tap will enable people to rent services on the Internet. HP is partnering with a number of companies in this sphere. About $10.1 billion will be spend on apps-on-tap in 2001, with 15 percent to 20 percent of all apps purchased via apps-on-tap, according to Forrester...... For more see....http://www.techweb.com/wire/story/TWB19990818S0016