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


To: The Duke of URL© who wrote (93892)11/29/2001 4:00:29 PM
From: Elwood P. Dowd  Respond to of 97611
 
Duck:

I have to think that CPQ is just tracking HWP.
The spread was nearly $4.00 this morning and HWP is up obver $1.00 for the day now. In addition, the Dow is up over 100 and the Nas is up 40+.
The Packard decision isn't coming til mid December the last I heard.
Oh well, we'll take a 50 cents up day any way we can get it, I guess.
El



To: The Duke of URL© who wrote (93892)11/29/2001 4:05:07 PM
From: Elwood P. Dowd  Respond to of 97611
 
UPDATE: Compaq StorageWorks Redefines and Extends Business Value of Storage Area Networks
New Generation Array Removes Barriers to Networking Storage
HOUSTON, Nov. 29 /PRNewswire/ -- Building on the momentum of its recently announced Enterprise Virtual Array and NAS Executor storage products, Compaq Computer Corporation (NYSE: CPQ - news) has moved to further redefine and extend the value of the storage area network into the emerging enterprise with its delivery of the StorageWorks Modular SAN Array 1000.

The first 2GB Fibre Channel storage system designed to bridge the gap between direct attached storage (DAS) and the SAN, the MSA1000's DtS (DAS to SAN) architecture enables customers to quickly and easily migrate data utilized by Compaq ProLiant servers to the new SAN-based MSA1000 storage system.

``Compaq StorageWorks again leads the way with cost-effective, modular storage solutions that are designed to provide the best business value for our customers,'' said Mark Lewis, vice president and general manager of Compaq Enterprise Storage Group (ESG). ``More and more customers want to implement SANs, but many still have not moved forward due to concerns about complexity, total cost of ownership (TCO) and investment protection. The MSA1000 combines simplicity of SAN implementation with a low TCO from the market's SAN leader to deliver another proof point of Compaq's commitment to protecting the customer's investment.''

Roger Archibald, vice president of the Compaq ESG's Enterprise Storage Array division, added: ``Compaq pioneered the SAN space. The MSA1000 is specifically designed for the more than five million ProLiant servers currently deployed by Compaq customers as well as those customers with other servers wishing to introduce SANs into their storage infrastructure. The MSA100 delivers state-of-the-art ENSA-2 storage technology to the entry-level and mid-range market.''

Customers Comment on MSA 1000

``Our company wanted the best of both worlds: a highly scalable SAN and an affordable system. The StorageWorks Modular SAN Array 1000 system gives us the scalability we need to match our growth at the best price/performance ratio on the market,'' said Rich Baldwin, president and CEO of Nth Generation.

Steve Driesens, enterprise solutions specialist at VL Systems remarked; ``We've wanted to implement a SAN for some time now, but it seemed excessively expensive. The StorageWorks Modular SAN Array 1000 allowed us to turn our existing direct attached storage into a SAN, by simply moving our drives into the MSA1000 with all data intact. We quickly consolidated our storage and realized significant savings by leveraging the existing disks.''

DtS Architecture - DAS to SAN

The MSA1000 delivers SAN data migration in minutes, not days. With virtually instantaneous migration, data can be seamlessly migrated from Compaq Smart Array controllers simply by moving the disk drives into the MSA 1000 SAN configuration.

Embedded Fibre Channel Fabric Switch

With the optional embedded Fibre Channel fabric switches in the MSA1000, servers can plug directly into the SAN further reducing the cost and complexity of implementing the SAN solution. In addition, customers receive next generation bandwidth with 2GB/s (200MB/s) bandwidth. The embedded fabric switches also improve fault tolerance and availability, with the addition of a second switch and second array controller creating multiple redundant data paths from the servers to the MSA1000.

Advanced Data Guarding

Compaq enables customers to protect their data from loss or corruption by integrating advanced data guarding into the MSA1000. Even if two disks fail simultaneously, no data will be lost.

Based on Compaq's ENSA-2 modular architecture, the MSA1000 SAN solution has been specifically designed for customers planning storage or server consolidation to better utilize their overall storage resources. With this simple-to-deploy and easy-to- manage storage system, customers have the choice of adding capacity cost efficiently as their storage needs grow. The MSA1000 is available and shipping to customers at this time. For more information about the MSA1000 and Compaq StorageWorks please visit: www.compaq.com/storage .

About Compaq StorageWorks

Compaq StorageWorks, the number one global storage solutions supplier, is the leader in the development and delivery of the enterprise SAN. Recognized for its vision and ability to execute, Compaq StorageWorks is committed to driving radical simplification and investment protection for enterprise and SMB customers. By continuing to extend its Enterprise Network Storage Architecture (ENSA) in key areas such as virtualization, automation, universal network storage and life cycle data management, StorageWorks enables customers to efficiently manage complex, mixed storage environments. More information on StorageWorks and SANworks solutions is available at www.compaq.com/storage .



To: The Duke of URL© who wrote (93892)11/29/2001 4:11:28 PM
From: Elwood P. Dowd  Respond to of 97611
 
arb spread at close is still 4 bucks!
El



To: The Duke of URL© who wrote (93892)11/29/2001 4:55:51 PM
From: Elwood P. Dowd  Respond to of 97611
 
Economic reports lift tech stocks

By Mike Tarsala, CBS.MarketWatch.com
Last Update: 4:33 PM ET Nov. 29, 2001




NEW YORK (CBS.MW) - Technology stocks inched ahead Thursday following a report that reflects a record rise in October durable goods orders due to military spending.




FRONT PAGE NEWS




Computer hardware stocks led the tech-heavy Nasdaq ($COMPQ: news, chart, profile) up 45.28 points, or 2.4 percent, to 1933.25. Shares of Sun Microsystems rose as one of the most heavily traded U.S. stocks. The large-cap Nasdaq 100 Index ($NDX: news, cha






rt, profile) rose 2.7 percent, while the heavily traded QQQ (QQQ: news, chart, profile) tracking stock moved up $1.20 to $39.95.

October durable goods orders increased a record 12.8 percent vs. the 2.1 percent rise forecasted by economists, due to soaring orders for warplanes. Excluding defense, durable orders still beat expectations, up 5.6 percent.

Sun Micro (SUNW: news, chart, profile) shares edged up 5 percent, as the company prepares to provide a midquarter business update next Thursday. It should mark the first time since last year that the company won't have to reduce forecasts during the quarterly meeting, said Thomas Kraemer, analyst at Merrill Lynch.

Shares of handheld computer-maker Palm (PALM: news, chart, profile) advanced 7 percent, a day after the company said it expects quarterly sales to be at the upper end of its target range, or $250 million to $280 million. The company said Wednesday it will cut its workforce by 250 employees and contractors to cut costs. The company expects to meet earnings expectations for its quarter ended Nov. 30.

Hewlett-Packard (HWP: news, chart, profile) shares gained $1.23, or 6 percent, to $21.40, while Compaq (CPQ: news, chart, profile), Dell Computer (DELL: news, chart, profile) and IBM (IBM: news, chart, profile) shares also gained ground. Shares of EMC (EMC: news, chart, profile) gained 41 cents, or 3 percent, to $17.10. The Goldman Hardware Index ($GHA: news, chart, profile) rose 3.8 percent.

Software shares also had a strong showing. Shares of Siebel Systems (SEBL: news, chart, profile) helped to lead the group, rising 7 percent. Heavily traded shares of Microsoft (MSFT: news, chart, profile) rose 3 percent, while Oracle also ended the day higher. The Goldman Software Index ($GSO: news, chart, profile) added 3.6 percent.

Chip stocks recovered from early losses, as makers of networking chips, analog chips and chip equipment rose. Vitesse Semiconductor (VTSS: news, chart, profile) gained 7 percent; Linear Technology (LLTC: news, chart, profile) gained 5 percent; KLA-Tencor (KLAC: news, chart, profile) gained 6 percent

Shares of graphics chipmaker Nvidia (NVDA: news, chart, profile) added $2.25, or 4 percent, to $53.61, after Standard and Poor's said late Wednesday it would replace Enron's (ENE: news, chart, profile) stock in its benchmark S&P 500 Index (SPX: news, chart, profile) with the graphics chipmaker's stock.

Larger chip stocks, however, showed smaller gains. Shares of Intel (INTC: news, chart, profile) rose 2 percent. Rival Advanced Micro Devices (AMD: news, chart, profile) also gained 2 percent, even though J.P. Morgan H&Q analysts said the company is having "some difficulty" ramping small diameter technology needed to build next-generation Athlon processors in the first quarter. The Philadelphia Semiconductor Index ($SOX: news, chart, profile) gained 4.2 percent.

Networking-equipment lagged behind the rest of the tech sector, as shares of Nortel Networks (NT: news, chart, profile), Lucent Technologies (LU: news, chart, profile) and Redback Networks (RBAK: news, chart, profile) all declined. Cisco (CSCO: news, chart, profile) shares, meanwhile, rose $1.01 or 5 percent, to $19.89.

Alcatel (ALA: news, chart, profile) shares helped to lead the sector slightly higher, as shares rose 84 cents, or 5 percent, to $17.72. The company on Thursday reiterated plans to cut costs by a fifth. Chief executive Serge Tchuruk said the company expects to make big progress in 2002 from its restructuring program earlier this year, when it cut around 33,000 jobs at the height of the telecom market downturn.