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

To: hpeace who wrote (8248)	10/30/1997 8:51:00 PM
From: StockMan	Read Replies (1) \| Respond to of 97611

Steve, What was it you said? :)

To: hpeace who wrote (8248)	10/30/1997 9:30:00 PM
From: Kai-Uwe	Read Replies (2) \| Respond to of 97611

On a more serious note: Tandem NonStop Himalaya Servers Support New York Stock Exchange and Nasdaq in First One Billion Share Trading Day October 30, 1997 8:01 AM EST CUPERTINO, Calif.--(BUSINESS WIRE)--Oct. 30, 1997-- Tandem Servers Perform Flawlessly in Processing Record-Breaking Volume on Both Stock Exchanges Demonstrating its reputation for business-critical computing, Tandem, a Compaq company, announced today that its NonStop(R) Himalaya(R) servers smoothly handled unprecedented volume in the first 1 billion share trading day on both the New York Stock Exchange (NYSE) and the Nasdaq Stock Market. On Tuesday, volume on NYSE hit a record-breaking 1.2 billion shares traded. Volume on Nasdaq finished the day at almost 1.4 billion shares traded. On both exchanges, Tandem(R) servers operated without interruption and handled all trades in real time. Tandem's NonStop Himalaya servers are well known as fault-tolerant systems that handle 90 percent of the world's securities transactions. "SIAC was extremely pleased with the performance of Tandem equipment in processing Tuesday's record-breaking volume. All critical systems operating on Tandem equipment performed flawlessly," commented Charles McQuade, president of SIAC (Securities Industry Automation Corporation). SIAC is a wholly-owned subsidiary of NYSE and the American Stock Exchange, and handles all their processing operations. The NYSE depends on a large configuration of NonStop Himalaya K20000s for its equity trading systems. These systems drive the core trading operations, including the Common Message Switch, SuperDOT and Market Data. Nasdaq relies on Himalaya K20000 servers for its core equity trading operations. The Tandem servers handle the order execution and trade reporting systems as well as the trade confirmation system. John M. Hickey, executive vice president, Technology Services, The Nasdaq Stock Market, said: "Tandem was chosen as the supplier for our mission-critical trading systems because of their ability to support the high volume transaction processing requirements of our interactive trading systems. The performance of their systems over the past few days where new records were set for orders received, trades executed, reported and confirmed, demonstrates the quality of their product and reconfirms our commitment to this supplier." Norman Goldberg, vice president of financial services industry marketing at Tandem, said: "We are pleased that our systems have again proven they can meet the performance demands that are required in such events as the record stock market activity we've witnessed the past couple of days. Tandem systems are designed to be extremely reliable and scalable. Customers such as SIAC, the New York Stock Exchange and the Nasdaq Stock Market require continuous availability, and they look to Tandem for computing solutions." About Tandem Founded in 1974, Tandem, a Compaq company, designs and delivers technology solutions that companies rely on to compete in a business world that runs 24 hours a day. A U.S. company headquartered in Cupertino, Calif., Tandem has offices, strategic partners, and service providers in more than 50 countries. Tandem press materials are also available on NEWSdesk International on the World Wide Web at newsdesk.com c Business Wire. All rights reserved.