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

To: rupert1 who wrote (71877)	11/15/1999 7:40:00 AM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

From Hio.... Posted 15/11/99 9:59am by Mike Magee Hairline cracks show in Compaq re-org Internal strains caused by the rapid re-organisation of Compaq are taking their toll on the way the company works, according to a stream of insiders at the firm. A number of people close to the matter have told The Register that Compaq is experiencing difficulties integrating its network of European call centres, particularly at its ex-Digital Reading site, which has been designated a flagship site for the whole of the region. The Reading call centre was one of Digital's (Compaq's) open systems support centres and is intended to become a coordination centre for a number of other call centres in the European (EMEA) region. One employee at Reading has told The Register that the approach that new Compaq CEO Mike Capellas is taking, from the top down, is being obstructed by an approvals system which effectively stops rapid change, although such change is essential for the company to compete successfully. The process means that many people working at Reading who are dedicated to changing things quickly are becoming frustrated and leaving the company, according to the source. Another employee who has just handed in his notice said that the business process meant that while the salary was good, he did not feel part of the company and there was no recognition for the long hours and dedication he and other staff put into the firm. Many of the disillusioned staff were quitting to go to Compaq competitors, including the internally hated Sun Microsystems, he added. The top down process meant that managers wanting to improve the situation were restricted by a so-called "Compaq Confidential" policy from telling their own staff, and subsequently that meant the staff resisted changes which they never felt a part of from the start. The lack of consultation was causing employees at Reading to vote with their feet and take more lucrative employement elsewhere, he added. Closed door conversations were inducing an atmosphere of suspicion in the company. Staff working the 12 hour night shift have few if any facilities, he added. Highly paid consultants from outside are also undermining the atmosphere, he added, while local managers waited, sometimes for months, before getting approvals for decisions which should be made in days. The hierarchy effectively put the lowerarchy in Compaq Confidential handcuffs. Compaq was not available to comment on the reports at press time. ®

To: rupert1 who wrote (71877)	11/15/1999 7:43:00 AM
From: Elwood P. Dowd	Respond to of 97611

Hutchison, Global Crossing form fixed-line venture HONG KONG, Nov 15 (Reuters) - Hutchison Whampoa Ltd and Global Crossing Ltd (NasdaqNM:GBLX - news) said on Monday they were forming a US$1.2 billion joint venture to pursue fixed-line telecommunications and Internet business in Hong Kong and Greater China. The partnership will link Hutchison's existing fixed-line fibre optic network in Hong Kong with Global Crossing's international undersea fibre-optic cable network. As part of the deal, Hutchison will receive US$400 million (HK$3.11 billion) in Global Crossing convertible preference shares. In addition Global Crossing will contribute to the Hutchison joint venture HK$50 million (HK$389 million) in cash and US$350 million (HK$2.72 billion) in international telecommunications capacity rights on its global fibre optic network and global data centre-related capabilities. The companies said the Internet would be a key area of focus for the 50-50 partnership, to be called Hutchison Global Crossing. The joint venture will initially build on Hutchison's existing Internet and multimedia businesses. It also will implement a Hong Kong government contract recently awarded to Hutchison to build and operate the public Electronic Services Delivery (ESD) system, and will expand this platform to facilitate other private sector e-commerce services. Hutchison Telecommunications won the government ESD contract in partnership with Compaq Computer Corp (NYSE:CPQ - news), which will supply server technology and hold a 15 percent stake in the ESD venture. In addition, Hutchison Global Crossing will establish a global data centre in Hong Kong that will provide web server hosting and other Internet facility management services. It will connect to Global Crossing's existing and planned centres in North America, Europe and Asia-Pacific. Hutchison Global Crossing also intends to pursue fixed-line network opportunities throughout the Greater China region, subject to regulatory clearances, the companies said. The joint venture transaction has been approved by the boards of directors of both companies and is expected to be completed by January 2000. The tie up with Hutchison is the latest high-profile deal for Bermuda-based Global Crossing, which has announced plans for 92,700 miles of fibre-optic telecommunications cables connecting five continents. In October, Global Crossing agreed to buy the telecom arm of Britain's Racal Electronics Plc (quote from Yahoo! UK & Ireland: RCAL.L) for US$1.65 billion, adding 4,650 miles of cable laid along U.K. railroad lines. Hutchison last month agreed to sell its 44.8 percent stake in U.K. mobile phone group Orange Plc (quote from Yahoo! UK & Ireland: ORA.L) to Mannesmann AG for HK$113 billion, including a 10.2 percent stake in the German telecoms and engineering group. Mannesmann itself is now the target of a US$106 billion takeover offer from rival Vodafone AirTouch Plc (quote from Yahoo! UK & Ireland: VOD.L).

To: rupert1 who wrote (71877)	11/15/1999 7:49:00 AM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

victor.... I didn't try to download the report, but the way I read the portion that you posted, they only lowered earnings estimates. Otherwise it would say that they had "revised" or "lowered" their rating to "neutral," imho. El

To: rupert1 who wrote (71877)	11/15/1999 8:40:00 AM
From: Elwood P. Dowd	Respond to of 97611

Informix and Compaq Announce New World Record 1 TB TPC-H Benchmark Result on Compaq Platform Business Editors/Technology Writers NOTE TO EDITORS: In the following units of measurement: QphH@1000GB, QppH @1000GB, and QthH @1000GB, noted in this news release, there is an 'at' sign preceding 1000GB in each case. This symbol may not appear properly in some systems. MENLO PARK, Calif.--(BUSINESS WIRE)--November 15, 1999-- Record-Breaking Result of 6,514 QphH Demonstrates Extreme Power and Scalability for Large Decision Support Applications-- Informix® Corporation (Nasdaq:IFMX - news), the technology leader in enterprise database-powered solutions, and Compaq Computer Corporation (NYSE:CPQ - news) today announced it has delivered the industry's first 1 TB TPC-H benchmark result, on a Compaq platform. The Informix and Compaq 1 TB joint database solution is the first to conquer this new, demanding industry standard benchmark and stress test of decision support systems that query databases. The new industry standard 1 TB TPC-H benchmark was achieved with the Informix Extended Parallel Server(TM) (XPS) 8.3, Compaq Tru64 UNIX running on AlphaServer GS140 systems, and a large Compaq StorageWorks SAN. The TPC-H benchmark models a real-world, decision-support environment of multiple users running ad hoc queries of a database and tests the system's ability to respond rapidly. The results of the TPC-H at 1 TB (1000 GB) benchmark demonstrate that the Compaq and Informix system expands to support the demands of large applications that include queries of equally large databases. ''The 1 TB TPC-H benchmark results underscore how Informix Extended Parallel Server leverages Compaq's Tru64 UNIX clustering and AlphaServer systems to meet the high performance, large capacity and extreme scalability requirements of today's business intelligence applications,'' said Charlie Chang, senior vice president and group executive, i.Intelligence(TM) group for Informix Software. ''Informix customers benefit from the capabilities and strength of our jointly engineered database solutions.'' ''The new generation of NonStop(TM) Solutions requires the power to process and analyze more data faster than ever before, so that businesses have the information needed to more efficiently serve customer needs,'' stated John Nicholson, vice president, Customer Relationship Management and Business Intelligence, Compaq. ''This benchmark, an industry first, demonstrates that Compaq's AlphaServer family, running Tru64 UNIX with Informix software, provides a proven solution for customers implementing high-end business intelligence solutions. Together, Compaq and Informix are able to bring the cost, management, and flexibility benefits of open systems into a realm once dominated by more expensive, mainframe-style solutions.'' The Informix and Compaq 1TB database solution is the first to complete this new record-breaking benchmark by demonstrating the high-end performance and scalability of their solution to meet the most stringent customer requirements. By combining Informix and Compaq products, customers can expect a scalable and cost-effective database solution that provides greater capacity and superior processing power to manage, process and analyze more data. Many data warehousing, business intelligence and Customer Relationship Management (CRM) applications require this extreme power and scalability. Informix and Compaq customers also have the added benefit of the Cooperative Technical Support Agreement (CTSA), which provides worldwide support for e-business customers, 24 hours a day, seven days a week. The CTSA enables customers to call either company's worldwide support centers and be assured of prompt and thorough problem resolution. The Cooperative Technical Support Agreement documents communication pipelines and procedures, mutual worldwide support contacts, and escalation procedures, all aimed at assisting and servicing the customer. The strong Compaq and Informix partnership delivers integrated, tested products as well as reliable customer support for a complete database solution. The recording breaking result was achieved using Informix XPS V8.30 running on Compaq AlphaServer GS140 equipped with 64 Alpha EV 6/700Mhz CPUs, 8MB cache, 128GB memory, 1770 drives together with the Compaq Tru64 UNIX V4.0F operating system and TruCluster 1.6 software. There were 14992GB of storage used in total for this benchmark. This solution delivered a query-per-hour rating of 6,514.1 QphH@1000GB at a price/performance of $2,170.55 QphH@1000GB. The power and throughput metrics were 8,829.8 QppH @1000GB and 4,805.7 QthH @1000GB. The total system configuration is currently available. About Informix Informix Corporation, based in Menlo Park, California, provides innovative database solutions that assist the worlds' major corporations to attain competitive advantage. Informix is widely recognized as the technology leader for corporate computing environments ranging from small workgroups to very large parallel processing applications. Informix's database server, application development tools, superior customer service, and strong partnerships enable the company to be at the forefront of major information technology solution areas including data warehousing, high performance OLTP, and Web/e-commerce. For more information, contact the sales office nearest you or visit our Web site at www.informix.com. (c) 1999 Informix Corporation. All rights reserved. The following are trademarks of Informix Corporation or its affiliates, one or more of which may be registered in the U.S. or other jurisdictions: Informix®, Extended Parallel Server(TM) and i.Intelligence(TM). EDITOR'S NOTE: Informix news releases are available at no charge through Business Wire's NewsOnDemand fax service. To immediately receive an index of available releases, call 1-800-356-0851. Contact: Informix Software, Inc. Jaye Prosser, 650/926-6316 jaye.prosser@informix.com or Miller/Shandwick Technologies Michele L. Spiewak, 617/351-4143 mspiewak@miller.shandwick.com More Quotes and News: Compaq Computer Corp (NYSE:CPQ - news) Informix Corp (NasdaqNM:IFMX - news) Related News Categories: computer hardware, computers, software