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

To: Night Writer who wrote (95332)	2/20/2002 2:36:58 PM
From: Elwood P. Dowd	Respond to of 97611

This company has such great technology. It's too bad they don't know how to generate a profit from that technology. El Compaq AlphaServer ES45 Establishes New World Record TPC-C Benchmark for Four- Processor Systems Sets New Price/Performance Standard for UNIX Servers HOUSTON, Feb. 20 /PRNewswire-FirstCall/ -- Compaq Computer Corporation (NYSE: CPQ - news) announced today that its AlphaServer ES45 system has established a new TPC-C performance record for four-processor systems and also has set a new price/performance record for all UNIX systems. The Compaq AlphaServer system running Tru64 UNIX and Oracle9i Enterprise Edition for Tru64 UNIX achieved a record-breaking 50,117tpmC (transactions per minute) in the industry standard benchmark. In establishing the new standard, the AlphaServer ES45 server, using four Compaq's 64-bit, 1 GHz Alpha microprocessors, also posted a breakthrough price/performance figure of $15.24/tpmC (per transactions per minute), topping competing UNIX servers from Sun, Hewlett-Packard and IBM. For further information on the benchmark result visit, compaq.com . ``Today's announcement is further evidence that we deliver the industry's most cost-effective, high-performance enterprise solutions,'' said Rich Marcello, vice president of Compaq's High Performance Server Division. ``The AlphaServer ES45 system is ideally suited to meet the most demanding data- intensive requirements of our targeted high-performance technical computing, telecommunications and e-business customers.'' The TPC-C breakthrough follows similar record-breaking results established last year by both stand-alone and clustered AlphaServer ES45 systems running Oracle database software in the SAP R/3 Sales and Distribution benchmarks. Among the customers who have purchased the new clustered AlphaServer systems is the Pittsburgh Supercomputing Center, which is using 760 ES45 systems with more than 3,000 Alpha processors integrated into an SC45 system for the world's largest supercomputer used for unclassified research. Terry Shannon, IT analyst and publisher of Shannon Knows Compaq, said, ``In today's challenging marketplace, customers recognize and appreciate the competitive advantage and value delivered by the versatile and powerful AlphaServer ES45. Some vendors design systems to rapidly process computationally-intensive applications while others design specialized systems to analyze data, finding relationships and patterns that help predict the future. Compaq AlphaServer systems consistently fulfill both needs better than their competition and the strong demand for the new ES45 system in the business and HPTC arenas underscores this fact.'' Based on joint engineering with Oracle, Compaq offers business and technical customers pre-configured, Certified Oracle9i Real Application Cluster systems that take full advantage of the superior performance and price performance of the AlphaServer ES45. These clustered database packages offer the optimum in scalability, availability and cost-effective management. They are available now for rapid deployment by select Compaq partners within 9 days of order. For more information visit oraclecompaqclusters.com / Note: AlphaServer ES45 systems available now. Oracle9i R2 Enterprise Edition tested, available May 9, 2002. Company Background Founded in 1982, Compaq Computer Corporation is a leading global provider of information technology products, services and solutions for enterprise customers. 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: Night Writer who wrote (95332)	2/20/2002 3:09:22 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

HP workers oppose merger in poll by deal opponents SAN FRANCISCO, Feb 20 (Reuters) - Hewlett-Packard Co. (NYSE:HWP - news) workers in a survey sponsored by opponents of the Compaq Computer Corp. (NYSE:CPQ - news) merger opposed the $21 billion deal, conflicting with results of a similar survey by HP, the pollster said on Wednesday. The survey, financed by David W. Packard, the son of HP founder's, showed 63 percent of HP workers in Corvallis, Oregon, a town dominated by HP's printing division, opposed the deal and 31 percent were for it. Another 6 percent had no opinion. Employees' attitudes are a crucial test of the deal and an emotional flash point, since HP prides itself on its community-style management and worker opposition to the deal would make the integration of Compaq even tougher to pull off. David W. Packard has criticized HP's internal surveys as well as the deal, which would involve major layoffs that he says do not fit with the company's culture. The results of the Packard poll by Field Research Corp. of San Francisco conflict with Hewlett-Packard's December poll of workers in Corvallis and in Vancouver, Wash. In HP's survey after visits by Chief Executive Carly Fiorina -- and shortly after the Packard family foundation holding 10 percent of HP stock decided to vote against the merger -- the deal garnered the support of 76 percent of 1,398 Corvallis and Vancouver employees. Another HP-sponsored poll ended in January and intended to sample a representative group of the entire company showed 65 percent support the deal, the company said. Spokeswoman Rebeca Robboy in advance of the expected Packard survey said it was not a fair view of all employees. ``Regardless of the outcome, Corvallis does not represent the global employee population. It is a community of employees in our imaging and printing business,'' she said. HP employees hold only a few percent of the company's stock, but both sides are scrambling to marshal votes ahead of the March 20 HP shareholder vote. The strongest opposition to the plan came from long-time HP employees, those aged 40 or older and those who say they are following news about the merger closely. The most frequent reason given for opposing the merger was concerns that Compaq's PC business doesn't add enough value.