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

To: PCSS who wrote (96700)	4/1/2002 11:12:56 AM
From: Elwood P. Dowd	Respond to of 97611

8:52AM Sun Microsystems seen hitting numbers at Merrill (SUNW) 8.86: Merrill Lynch says channel checks reveal that Sun should be able to meet Mar qtr revenue guidance of flat to up slightly; says demand only picked up in the last week and a half as customers are waiting later in the qtr to make purchases, causing the qtrs to become even more back-end loaded than usual; Merrill says Sun will be cleaning out its pipeline to make the qtr, but the "pull forward" of orders is not significant enough to put the Jun qtr at risk.

To: PCSS who wrote (96700)	4/1/2002 11:14:24 AM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

HP Unveils Global Storage...... Monday April 1, 11:02 am Eastern Time Press Release SOURCE: Hewlett-Packard HP Unveils Global Storage Virtualization Strategy Also Extends Customer Access to Virtualization with Feature-rich Solution PALO ALTO--(BUSINESS WIRE)--April 1, 2002--Hewlett-Packard Company (NYSE:HWP - news) today unveiled its storage virtualization strategy and announced the midrange HP StorageApps sv3000 appliance, which extends customer access to virtualization with a variety of new features. HP's strategy focuses on two primary elements: increasing storage efficiency by optimizing the way storage is used and the importance of the combined role that management and virtualization play within storage architectures. When customers fuse management with virtualization, they are then free to use storage from multiple vendors and manage complex storage environments through one ``pane of glass.'' The strategy also emphasizes HP's ongoing efforts to develop its investment in fabric-based storage appliances, which complement existing array-based virtualization technology. The HP StorageApps sv3000 appliance enables customers to pool, view and manage legacy and newly added physical storage resources from different vendors and then share those resources across different servers. Customers may scale their storage, upgrade functions and add services as needed. ``Virtualization without management is useless. By giving our customers a logical way to view and manage their data -- and by freeing them from having to invest in software from each array vendor -- we're taking storage management to a new level,'' said Nora Denzel, vice president and general manager, HP Network Storage Solutions Organization. ``This is the key to our FSAM, or Federated Storage Area Management, strategy to allow customers to increase the efficiency of their storage environment without adding more people.'' ``HP is a leader in delivering proven virtual storage solutions and positions virtualization as a cornerstone to their FSAM strategy,'' said Steve Duplessie, analyst, Enterprise Storage Group. ``With the addition of the HP StorageApps appliance, the benefits of virtualization are brought to the masses.'' New features in the HP StorageApps sv3000 include: Enhanced data protection through improved replication and failover protection; Improved data use from compacted point-in-time imaging; Linux operating system support; Support for Compaq StorageWorks, EMC Symmetrix, Hitachi Data Systems and Dell storage arrays; N-way fibre channel and many-to-one mirroring; and iSCSI ready. Base features include: heterogeneous host support; support for Microsoft® Windows® 2000 and NT®, Sun Solaris and HP-UX; storage virtualization of HP arrays; local fibre channel mirroring; LUN access control; 14 available fibre channel ports; 2 GB/sec fibre channel support; and remote monitoring. Point-in-time imaging, remote IP replication and heterogeneous storage support are optional features. The HP StorageApps sv3000 is expected to be available in May. Estimated U.S. pricing starts at $125,500.(1) More information about HP's storage virtualization strategy and the HP StorageApps sv3000 appliance is available at hpnsso.onlinepresskits.com About HP Hewlett-Packard Company -- a leading global provider of computing and imaging solutions and services -- is focused on making technology and its benefits accessible to all. HP had total revenue of $45.2 billion in its 2001 fiscal year. Information about HP and its products can be found on the World Wide Web at hp.com. (1) Actual prices may vary. Microsoft, Windows and Windows NT are U.S. registered trademarks of Microsoft Corp. HP-UX Release 10.20 and later and HP-UX Release 11.00 and later (in both 32- and 64-bit configurations) on all HP 9000 computers are Open Group UNIX 95 branded products. UNIX is a registered trademark of the Open Group. This news release 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 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; and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to 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, HP's results could differ materially from HP's expectations in these statements. HP assumes no obligation and does not intend to update these forward-looking statements. -------------------------------------------------------------------------------- Contact: HP Stacey Hoskin, 408/447-4673 stacey_hoskin@hp.com or Weber Shandwick Worldwide for HP Jen Vrettas, 617/520-7284 jvrettas@webershandwick.com or Online Press Kit: www.hpnsso.onlinepresskits.com

To: PCSS who wrote (96700)	4/1/2002 11:56:13 AM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

Well here it is, right on time just before noon as I predicted..... Monday April 1, 11:50 am Eastern Time Press Release SOURCE: Walter B. Hewlett Walter Hewlett Comments on Announcement of Nominations for Hewlett-Packard Board PALO ALTO, Calif., April 1 /PRNewswire/ -- Walter B. Hewlett today issued the following statement regarding the nominations for the Board of Directors of Hewlett-Packard (NYSE: HWP - news): I regret that the Board of Directors of Hewlett-Packard has chosen not to re-nominate me as a director of the HP Board. I have served as a director of HP for 15 years, longer than all but one of the current directors, and have been dedicated to serving the interests of all of the company's stockholders during that time. I believe that the HP Board has done HP stockholders a disservice by excluding me due to our differing points of view. Although I disagree with my fellow directors about the merits of merging with Compaq, there can be no dispute that I have been dedicated to enhancing value for HP's stockholders. It is unfortunate that the HP Board has seemingly missed what the company's stockholders have clearly recognized: that dissent is not disloyalty, that healthy boards need not agree on every issue and that while the management and board may run a company, the stockholders are the true owners of a company. Stockholders have a right to make a fully informed decision when being asked to vote on something as serious as a $25 billion dollar transaction, and they are entitled to have confidence in the integrity of the process. I have been quite clear and I want to reiterate that if the merger with Compaq is ultimately closed, I will do everything I can to support the successful implementation of the merger. SOURCE: Walter B. Hewlett