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


To: Night Writer who wrote (72130)11/17/1999 6:19:00 PM
From: Elwood P. Dowd  Read Replies (3) | Respond to of 97611
 
NW... I'm a little concerned that the news of the cc tomorrow is not being carried by anyone, as far as I know, but Bloomberg and that CNBC hasn't mentioned it. El



To: Night Writer who wrote (72130)11/17/1999 7:32:00 PM
From: Elwood P. Dowd  Read Replies (2) | Respond to of 97611
 
Compaq taps e-business trend CEO says company more than just computer maker
By Deborah Adamson, CBS MarketWatch
Last Update: 6:00 PM ET Nov 17, 1999 E-Commerce Net Stocks
LOS ANGELES (CBS.MW) -- Calling the Internet the "integration point" of e-business, Compaq chief
executive Michael Capellas on Wednesday shared his vision of his company's expanding role in
e-commerce, in an attempt to shed Compaq's image as just a computer maker.
With more than half of its revenue coming from enterprise solutions, Compaq (CPQ: news, msgs) is
poised to benefit from the e-business trend, said Capellas, addressing an audience of computer
developers at the Oracle Open World conference.
The former Oracle executive who's newly minted at Compaq said that the Internet infrastructure must
seamlessly merge content, connectivity and computation. Compaq's Nonstop EBusiness Solutions
provides that backbone, he added. Oracle's Internet Platform and e-business applications are
anchored on Nonstop systems.
A challenge for those in e-business is to make sure their systems are up and running all the time,
not even going down for routine maintenance. System outages will cost a company in lost sales,
since the competition is "no more than two clicks away," Capellas said.
Compaq's goals include increasing its leadership position in standards-based servers and striving to
take the lead in network storage.
On Wednesday, Compaq's stock was up 2 to 23 2/4 on volume of 39.1 million shares.