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

To: Elwood P. Dowd who wrote (97559)	5/2/2002 7:39:13 PM
From: Lynn	Respond to of 97611

Anyone know what's going to happen to CPQ's corporate offices and other physical facilities in Houston? Basically, anyone know how much of the new HPQ will be in TX? Lynn

To: Elwood P. Dowd who wrote (97559)	5/2/2002 8:46:28 PM
From: PCSS	Respond to of 97611

FreeMarkets Announces Agreement With Compaq Business Editors, High Tech Writers PITTSBURGH--(BUSINESS WIRE)--May 2, 2002--FreeMarkets, Inc. (Nasdaq:FMKT) Leading provider of information technology solutions selects FreeMarkets'(R) FullSource(TM) for direct component procurement following successful completion of pilot program FreeMarkets, Inc. (Nasdaq:FMKT) today announced that it has signed a long-term agreement with Compaq Computer Corporation, a leading global provider of information technology products, services and solutions. Under the terms of the agreement, Compaq will leverage FreeMarkets' FullSource solution to reduce costs of acquiring key system components on a global basis. The agreement follows the successful completion of a pilot program, which FreeMarkets and Compaq began in 2001. "Customers depend on Compaq to deliver innovative products, integrate them into solutions and deliver them globally," said Dick Conrad, Vice President of Corporate Procurement at Compaq. "In fulfilling this mission, we leverage innovative technologies that can help us enhance the efficiency and productivity of our operations. FreeMarkets FullSource is a very effective solution that provides us with software, information, and services that we need to create effective online markets with our direct component suppliers, allowing us to identify savings and efficiencies that benefit our operations, reduce cost of goods sold, and allow us to maintain our position as a leading global enterprise player." "Compaq is a leader among technology companies in automating its supply chain on both the buy and sell sides, and we are very pleased that they have selected our software and services for this critical application," said Boaz Maor, general manager of the High Technology sector at FreeMarkets. "By leveraging our FullSource solution, Compaq has not only created savings for its operations, but enhanced the efficiency of its global component sourcing process. We look forward to continuing to work closely with Compaq to provide them with the technology, information and services they need to achieve their business objectives." About FullSource Designed by sourcing professionals for sourcing professionals, FreeMarkets' FullSource is a comprehensive solution that combines expert e-sourcing services in hundreds of spend categories; industry-specific program management; around the clock global market operations services; information and knowledge about specific commodities and supply market dynamics; and the most advanced e-sourcing technology available today.

To: Elwood P. Dowd who wrote (97559)	5/3/2002 3:15:08 PM
From: PCSS	Respond to of 97611

H-P/Compaq get the nod from Merrill By Julie Rannazzisi Hewlett-Packard (HWP: news, chart, profile) and Compaq Computer (CPQ: news, chart, profile) bucked the dire trend in the tech sector Friday, trading up 2 percent and 2.2 percent, respectively. The merged companies will begin trading under the new ticker symbol "HPQ" on Monday. Merrill Lynch analyst Steven Milunovich said in a research note that he favors the merger and expects to see negative investor sentiment lift as the company posts decent numbers. He also views the stock as attractive, adding that he likes "a story that is cost savings-driven in this environment."