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

To: Night Writer who wrote (86276)	10/30/2000 4:23:01 PM
From: Elwood P. Dowd	Read Replies (2) \| Respond to of 97611

NW.... how about a t/a update. Thanks, El

To: Night Writer who wrote (86276)	10/30/2000 5:17:19 PM
From: Elwood P. Dowd	Respond to of 97611

Monday October 30, 4:58 pm Eastern Time Press Release SOURCE: Compaq Computer Corporation and Microsoft Corporation Compaq and MSN Introduce New Addition to the Family of MSN Companion Devices New Compaq iPAQ Home Internet Appliance IA-2 Provides Fast and Easy Web Access At a Breakthrough Value; New Information on Compaq Web Site HOUSTON and REDMOND, Wash., Oct. 30 /PRNewswire/ -- Compaq Computer Corp. (NYSE: CPQ - news) and MSN® today announced the availability of the Compaq iPAQ(TM) Home Internet Appliance IA-2 in RadioShack stores nationwide. As the second MSN Companion to be delivered by Compaq within the past 3 months, the IA-2 joins Compaq's iPAQ line of Internet access devices, designed for novice Web users, with the same simple yet powerful features as the company's first Internet appliance, IA-1. Available in time for the holidays, the iPAQ Home Internet Appliance IA-2 is originally priced at $499, but consumers may be eligible for a number of rebate offers including a $400 rebate from MSN with a three-year subscription to MSN Internet Access at a monthly rate of $21.95 and a $100 rebate from Compaq, resulting in a breakthrough value. (Certain offer restrictions apply. See compaq.com for offer details.) Compaq iPAQ Home Internet Appliance IA-2 The new IA-2 differs from the IA-1 by featuring a 15-inch color CRT (VIA 13.7) monitor with 800x600 pixels of resolution, two built-in speakers, an Internet keyboard and scroll mouse. Like its counterpart, the IA-2 with MSN Companion connects users to the Internet and a simplified interface presents them with a wealth of MSN content and best-of-breed services including the MSN Hotmail® Web-based e-mail service, MSN eShop, MSN Search and MSN Messenger Service. Both devices include a 56K modem and LEDs for power, e-mail and an Internet connection. Additional options, including a specially configured Epson 740 or 777 ink-jet color printer and JBL Platinum Series stereo speakers, are also available. The iPAQ Home Internet Appliance IA-2 with MSN Companion is currently available at RadioShack stores throughout the United States, and will soon be available through Compaq's Web site at compaq.com and through the toll-free hotline at (800) 888-0263. About Compaq Compaq Computer Corporation, a Fortune Global 100 company, is the largest supplier of computing systems in the world. For more corporate information, see compaq.com. About Microsoft Founded in 1975, Microsoft (Nasdaq: MSFT - news) is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software -- any time, any place and on any device. Compaq and the Compaq logo Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. This financial discussion contains forward- looking statements based on current expectations that involve a number of risks and uncertainties. The potential risks and uncertainties that could cause actual results to differ materially include: delays in the implementation of changes in delivery models, component shortages, increased competitive environment and pricing pressures, delays in product rollout schedules, slow acceptance for new form factors, changes in product, customer and geographic sales mix, employee retention, the financial condition of resellers, delays in new systems implementation, operational inefficiencies related to sales cycles, equity investment volatility, emerging market political or economic instability and disruptions related to restructuring actions. Further information on the factors that could affect Compaq's financial results is included in Compaq's Securities and Exchange Commission (SEC) filings, including the latest Annual Report on Form 10-K and the latest quarterly report on Form 10-Q. SOURCE: Compaq Computer Corporation and Microsoft Corporation