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


To: beachbum who wrote (87054)11/24/2000 12:46:11 PM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
beachbum,
Today's action should make for an interesting opening on Monday. There could be some serious short covering if this is a rally preview. Local surveys here show consumers plan to spend more not less this Christmas. That makes sense to me with the strong employment numbers. WS talk of lack of pend up demand and lack of stock wealth effect may not be a reasonable assumption for Christmas shopping. It may be more reasonable for cars and houses.

Have you hear any survey results in your local area?
NW



To: beachbum who wrote (87054)11/24/2000 12:49:24 PM
From: Night Writer  Respond to of 97611
 
This could turn out to be a great investment.

Bellevue, Wash., Computer Balloting Firm Gains New Financing

Nov. 22 (The Seattle Times/KRTBN)--VoteHere.net, a Bellevue start-up
developing online voting systems, has received a vote of confidence of sorts:
$10 million in a third round of financing that includes heavyweights Compaq
Computer and Cisco Systems.

The funding, announced Tuesday, was led by Northwest Venture Associates and
brings total funding for the company to nearly $15 million.

With the protracted dispute over presidential balloting in Florida,
VoteHere.net's technology may have received an unforeseen boost as an
alternative that could make recounts easier and possibly more precise.

In partnership with Compaq, the company completed two pilot projects -- one in
California and the other in Arizona -- in the recent election.

The Arizona project involved about 250 people who separately tested the system
while coming to vote at a precinct in Maricopa County. The California project
occurred in San Diego and Sacramento counties. In the test, they voted on an
abbreviated ballot shown on a computer, marking choices with clicks of a mouse.

In Arizona, more than eight in 10 voters said they would prefer to vote through
the online system, and all of the respondents said the system was easy to use.

VoteHere.net is attempting to establish relationships with states across the
country, including getting election equipment certified, a process that can take
three to six months.

"We are hoping to have our system certified in the first quarter of next year in
a number of states," said Deborah Brunton, the company's vice president of
government affairs. The first actual election using the system may come --
probably at the municipal level -- later in 2001.

As part of the funding, Tom Simpson, managing partner at Northwest Venture
Associates, is joining the VoteHere.net board.

Warren Whitney, deputy secretary of state in Arizona, said he foresees that a
county in the state will ask to use the system in the next general election.

To deal with concerns about security, online voting would probably take place
only at a polling place until technology is developed to better ensure security.