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Technology Stocks : Hewlett-Packard (HPQ) -- Ignore unavailable to you. Want to Upgrade?

To: PCSS who wrote (1869)	10/7/2002 12:21:02 AM
From: PCSS	Read Replies (1) \| Respond to of 4345

H-P to unveil sub-$900 notebook PALO ALTO, CALIF. (CBS.MW) -- Hewlett-Packard on Monday will introduce a new notebook PC that comes with a price tag of less than $900 and is powered by AMD microprocessor technology. The new Compaq Evo Notebook N1015v will cost $899 and takes the title of H-P's (HPQ: news, chart, profile) lowest-priced notebook PC. H-P intends to market the notebook to small- and medium-sized business customers. "This will stack up well against our competition," said Helen Daniel, H-P product manager for the N1015v. "We're trying to reach the value-conscious consumer where price is a big consideration." For their $899, buyers of the N1015v will get a notebook computer that has a 13-in monitor, 128 megabytes of RAM, a 20 gigabyte hard drive, a fixed optical CD drive, an AMD Athlon 1,400+ processor and Microsoft's Windows XP operating system. H-P intends to also sell another version of the N1015v for $999 that has wireless multiport functionality, and comes with a WiFi network card and module that fits onto the notebook. The N1015v follows in the footsteps of the Compaq D-315 desktop PC system that was launched 6 weeks ago. H-P is under some pressure to show that it can make a profit in the low-margin PC business. One of the biggest concerns many H-P shareholders had when the company was in the process of buying Compaq was whether that deal give H-P too much exposure in the PC sector.

To: PCSS who wrote (1869)	10/7/2002 5:00:49 PM
From: Night Writer	Respond to of 4345

HP First to Market with Second-generation Ultrium Drives Business Editors/High-Tech Writers PALO ALTO, Calif.--(BUSINESS WIRE)--Oct. 7, 2002--HP (NYSE:HPQ) today announced that it is delivering qualification units of its second-generation StorageWorks LTO Ultrium tape drive to six of its key OEM system and library partners worldwide. HP is the first vendor to provide partners with second-generation Ultrium qualification units, which will be used for product integration and manufacturing processes, and it expects to begin shipments to customers by the end of the year. "As part of our commitment to open standards, this 200 gigabyte native capacity tape drive builds on the success of the first-generation StorageWorks Ultrium drives," said Frank Harbist, vice president, Nearline Products, HP Network Storage Solutions. "With our next-generation drives, we're now providing more capacity than any other tape drive available, with the high levels of performance and reliability our customers have come to expect from HP." The second generation of Ultrium sets a new standard for capacity and offers a transfer rate unmatched by competing technologies, allowing customers to store 400 GB of compressed data on a single cartridge in less than two hours. "During our evaluation of the second-generation HP Ultrium drives, we saw an exciting leap in performance, which we in turn are thrilled to be able to offer our customers," said Robert Scroop, vice president and general manager, Hardware Business Unit, Overland Storage. "Our relationship with HP is an important aspect of making sure customers have access to a full range of technology choices when they purchase industry-leading libraries and storage solutions," said Steve Reichwein, product line manager, enterprise systems, Quantum Storage Solutions Group. "At Quantum, our goal is to continue our leadership in providing customers the automated solutions to meet their evolving storage needs." "Being first to market with the second-generation Ultrium drives to our partners is a milestone in the execution of the open standard we are driving toward," said Harbist. "With this announcement, HP is clearly positioned to deliver next-generation Ultrium tape drives that will permit StorageWorks customers to enjoy the significant advantages of this exceptionally reliable, high-performance tape technology before the end of the year." According to Gartner Dataquest, LTO drives led tape shipments in 2001, with a 70 percent share, in contrast to 30 percent share held by Super DLTtape.(1)