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

To: Night Writer who wrote (86408)	11/7/2000 4:13:23 PM
From: Elwood P. Dowd	Read Replies (2) \| Respond to of 97611

Compaq Offers Promotions, Reduces Prices on Selected Systems and Services; New Information on the Compaq Web Site HOUSTON, Nov. 7 /PRNewswire/ -- Compaq Computer Corporation (NYSE: CPQ - news) has reduced prices on selected Deskpro desktops, Armada portables, AP and SP Workstations, and ProLiant servers. The company also has introduced special product and services promotions. Concurrent with availability of enhanced processor speeds on selected systems and declining component costs, Compaq has: Implemented price reductions from 6 to 31 percent on Deskpro EN products (http://www.compaq.com/products/desktops) Introduced promotional offers through the company's Web site and authorized dealers that include up to $150 off selected Deskpro EX and EXS products Reduced prices on selected Armada portables up to 22 percent (http://www.compaq.com/products/notebooks) Over the last 30 days reduced prices from 4 to 24 percent on selected ProLiant servers (http://www.compaq.com/proliant) Offered special promotions on Compaq CarePaq services offerings on commercial PC purchases (http://www.compaq.com/services) Launched a special promotion on monitors concurrent with sales of iPAQ desktop systems, while monitor supplies last In addition, promotional offers are available on ProLiant servers including a special leasing offer on ProLiant ML350 models through Compaq Financial Services, free additional memory with the purchase of select models of the ProLiant ML350, and special pricing offers including $150 off ProLiant ML330 models and $1,000 off when five or more ProLiant DL360 ultradense servers are purchased. For further information, go to compaq.com. Company Background Compaq Computer Corp., a Fortune Global 100 company, is the largest supplier of computing systems in the world. Compaq designs, develops, manufactures and markets hardware, software, solutions and services, including industry-leading enterprise computing solutions, fault-tolerant business- critical solutions, and communications products, commercial desktop and portable products, and consumer PCs. Compaq, Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. This release 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 implementation of a new model of distribution; the failure of systems associated with order fulfillment; changes in product mix; inventory risks due to shifts in market demand; continued competitive factors and pricing pressures; market responses to pricing actions and promotional programs; volatility of certain equity investments; component shortages; and instability in developing countries that may affect