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

To: PCSS who wrote (95074)	2/5/2002 9:16:21 AM
From: Elwood P. Dowd	Respond to of 97611

Michael: It looks as if the markets are going to get creamed again today. They must be back to Sept '01 levels now. Whew, talk about oversold! So far, CPQ has held up quite well but can it continue to do so in this miserable setting and what is it going to take to turn the markets around??? Hit 'em straight, El

To: PCSS who wrote (95074)	2/5/2002 9:18:48 AM
From: Elwood P. Dowd	Respond to of 97611

Saudi Telecom Selects Compaq TeMIP for Network and Service Management HOUSTON, Feb. 5 /PRNewswire-FirstCall/ -- Compaq Computer Corporation (NYSE: CPQ - news) announced today that Saudi Telecom Company (STC) has selected Compaq for its integrated network and services management solution. An agreement has been signed between Saudi Telecom and Compaq Saudi Arabia to deploy Compaq TeMIP (Telecommunication Information Management Platform) to manage the Saudi Telecom data network. This agreement is consistent with Saudi Telecom's long-term planning, which views TeMIP as a strategic platform to manage its current data network and future expansions. After evaluating competing solutions, Saudi Telecom selected TeMIP because of: 1) its flexible application framework that can handle Saudi Telecom's huge multi-vendor, multi-technology, multi-domain environment; 2) its built-in functionality for integrated network and service management; 3) its scalable alarm and event-handling capability; and 4) its rich set of customization and integration tools. TeMIP will provide Saudi Telecom with a real-time, end-to-end view of all network operations that can affect the quality of service -- and the capability to take immediate corrective action. Ali Dmairi, general manager, Compaq Saudi Arabia, said, ``Saudi Telecom is a leader in the Middle East, and serves as a model for providing high levels of customer service. Compaq's TeMIP solution has proven itself with many operators around the world who are continually seeking to improve network and service quality. Compaq is happy to have an opportunity to work closely with Saudi Telecom, and we are sure that TeMIP will help them to continue to provide exemplary service.'' Eng. Hisham Samarkandi, general manager Engineering & Support Systems at Saudi Telecom, said, ``With TeMIP, we have a single, integrated solution, rather than separate, isolated management applications. This single, end-to-end approach provides simplicity that reduces our internal operations costs. More important, it allows us to link network management directly to service quality, and ultimately, to enhance customer satisfaction.'' Mohammad Turani, major account manager, Compaq Saudi Arabia said, ``TeMIP is deployed by more than 150 demanding communications users worldwide, and is widely considered to be the industry's leading multi-vendor OSS platform.'' Company Background Founded in 1982, Compaq Computer Corporation is a leading global provider of information technology products, services and solutions for enterprise customers. Compaq designs, develops, manufactures and markets information technology equipment, software, services and solutions, including industry- leading enterprise storage and computing solutions, fault-tolerant business- critical solutions, communication products, personal desktop and notebook computers, and personal entertainment and Internet access devices that are sold in more than 200 countries directly and through a network of authorized Compaq marketing partners. Information on Compaq and its products and services is available at www.compaq.com . Compaq and the Compaq logo are trademarks of Compaq Information Technologies Group, L.P. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. This document contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that the Hewlett- Packard/Compaq merger does not close or that the companies may be required to modify aspects of the transaction to achieve regulatory approval or that prior to the closing of the proposed merger, the businesses of the companies suffer due to uncertainty; the market for the sale of certain products and services may not develop as expected; that development of these products and services may not proceed as planned; that Compaq and Hewlett-Packard are unable to transition customers, successfully execute their integration strategies, or achieve planned synergies; other risks that are described from time to time in Compaq and Hewlett-Packard's Securities and Exchange Commission reports (including but not limited to Compaq's annual report on Form 10-K for the year ended December 31, 2001, HP's annual report on Form 10-K, as amended on January 30, 2002, for the fiscal year ended October 31, 2001, and subsequently filed reports). If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, Compaq's results could differ materially from Compaq's expectations in these statements. Compaq assumes no obligation and does not intend to update these forward-looking statements. SOURCE: Compaq Computer Corporation

To: PCSS who wrote (95074)	2/5/2002 9:41:42 AM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

HP, Compaq In A Parallel Universe Tue Feb 5, 9:30 AM ET What is it with Hewlett-Packard ? It's down when everyone else is up, and up when everyone else is down. Yesterday, Chief Executive Carleton "Carly" Fiorina said at a California financial conference that the company sees a recovery in the second half of this year. She said that sales and earnings for the first fiscal quarter will better than expected. Meanwhile, at the World Economic Forum in New York, some of the biggest names in technology-- Microsoft 's Bill Gates and EMC 's Mike Ruettgers, to name two--said they see no recovery until 2003. 218157Carly Fiorina Fiorina Makes Promises, Promises Vote Carly Hewlett-Packard HP Kicks It Up A Notch HP's IBM Envy What gives? HP says it will "substantially" surpass consensus estimates for earnings of 16 cents per share, that revenue will be up "modestly," and that gross margins have improved. HP, which does its best to convince the world that it is much more than a PC company, attributed the news to growth in consumer PCs and printers. HP shares closed unchanged yesterday at $22. Coincidentally, Compaq Computer , the company that HP is desperately trying to buy, also raised estimates. In late January, Compaq said to expect fiscal 2002 earnings per share of 32 cents, up from a previous mean consensus of 25 cents per share. Houston-based Compaq attributes the uptick to strength in areas where HP is sorely lacking: storage, servers and, to a lesser extent, security products. Both companies said that execution and cost control are helping results. It's interesting that the companies are seeing a rebound now. After all, neither had kept up with industry growth rates during tech's boom years. Now, while category leaders don't expect a turnaround this year, HP and Compaq are the anomalies. It's like they're operating in some parallel universe where black is white and night is day. Speaking of parallel universes, HP shareholders are due to vote on the proposed merger next month. The European Union, which nixed other huge U.S.-based mergers because they would have created too much competition, gave this one the OK last week. While that improves the deal's prospects, it also highlights Europe's second-tier status as global technology innovator and the fact that there is virtually nobody there to compete with. In any case, the flap over the merger has publicly and rather disgracefully pitted Fiorina against the heirs of HP's beloved founders. But all that mud slinging has thrown an ugly light on the reality that HP and Compaq won't survive independently over the long term. They are both ill equipped to deal with changes in the tech marketplace. Indeed, HP's Web site says that failure to take responsive action to these trends will further weaken both companies. Neither company appears to have a backup plan if the merger falls apart. And so, five wrenching months after the deal was announced, it might be time to concede that shareholders have to take a chance on Fiorina and merging with Compaq, because the alternative is no better and probably worse. It's a big gamble. But anyone who bet on the New England Patriots in the Super Bowl knows that miracles do happen. Better yet, sometimes, like in Sunday's game, they not only happen, but they also pay five-to-one odds. Related Links at Forbes.com