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

To: van wang who wrote (774)	1/20/1998 11:32:00 AM
From: Rob C.	Read Replies (1) \| Respond to of 1229

More news.... BEAVERTON, Ore.--(BUSINESS WIRE)--Jan. 20, 1998--Sequent Computer Systems, Inc., the leader in high-end open systems, today announced that BMW South Africa and the South African Motor Corporation (SAMCOR) have each signed contracts for NUMA-Q(TM) 2000 data center servers with Persetel's Open Systems Division, the Southern African distributor for Sequent. In a key move to ensure that it stays on target with its world-wide manufacturing thrust, BMW South Africa has placed an order with Persetel for the provision of a Sequent NUMA-Q 2000 system and 18 Compaq application servers. These systems will be the primary platform for deploying the SAP R/3 application which will form the basis of BMW SA's manufacturing operation. "We spent a lot of time looking for the right business partner," commented Bennie Vorster, IT manager of BMW South Africa. "Sequent has the horsepower to handle our long-term growth requirements and, with Persetel, has the expertise with large data center systems which we need to ensure the long term success of the SAP project. The increased capacity and greater reliability gained though Sequent's NUMA-Q 2000 system and its unique a pproach toward integrating Microsoft Windows NT Server into their overall R/3 offering also coincides with our strategic direction." Initial implementation of the systems, which also includes a significant professional services component, will begin in November 1997. Final completion is scheduled for January 1999. The system is estimated to initially have an average of 1,500 concurrent users and will track all parts in each vehicle, throughout the production process. This level of complexity will make BMW SA one of the biggest SAP manufacturing sites worldwide. "We are extremely proud to add BMW to our list of blue chip accounts," said John Lagaay, general manager of Persetel Open Systems. "BMW realized that this mission critical project would be safe in the handsof Persetel and Sequent. Apart from leading platform technology that Sequent provide, the skills that can be provided by the combination of our two organizations are unique and give BMW SA the assurance of success that it required." Persetel and Sequent's strong partnerships with industry-leaders Oracle(R) and Intel(R) helped to secure this business which represents a long-planned upgrade for BMW's systems infrastructure. In this process it fought off heavy competition from IBM, Hewlett-Packard and Sun Microsystems. SAMCOR Selects NUMA-Q and Baan The South African Motor Corporation (SAMCOR) has signed a contract for a Sequent NUMA-Q 2000 system from Persetel Open Systems and the application suite of software from Baan SA. The new IT infrastructure will replace the existing mainframe and will support the mission critical environment for all manufacturing, production forecasting and materials management. Persetel has a long, successful history with SAMCOR in providing and maintaining its mainframe systems. "We are confident that if anybody can take us through the transition to an open systems environment, it is Persetel" says Richard Wyatt, facilities m anager, SAMCOR. "We have a long standing relationship with the company and are certain of their skills and knowledge of our business. Sequent's NUMA-Q 2000 platform is already well established and so we've gone for the winning combination." SAMCOR currently produces 260 vehicles per day covering the full range of Ford, Mazda and Mitsubishi vehicles. The company has 16 percent of local market share and needs to improve production to successfully tackle the export market. The factory aims to produce fully built cars and complete knock-downs (CKD's) for world-wide distribution. The engine plant in Port Elizabeth will produce engines for local and international markets and catalytic converters for both Ford and Mazda. "SAMCOR has an aggressive expansion plan andthe combination of Baan and Sequent will ensure that these goals can be comfortably accommodated with the new infrastructure," says Gary Lawrence, managing director, Baan SA. Lawrence adds that "Sequent recently recorded the world record Baan benchmark of 5,400 users. This gives us the confidence we need on a project of this importance." "The deal is significant as the first local Sequent and Baan partnership," Lagaay commented. "Sequent and Baan have already proven their ability to deliver large-scale, complex projects at companies such as Boeing and we look forward to working with Baan to ensure that the SAMCOR project is equally successful." Implementation of the project will begin in November 1997 with an initial 350 Baan users and is scheduled for completion at the end of 1998. About Sequent Computer Systems, Inc. Sequent Computer Systems, Inc. (NASDAQ:SQNT.O), is uniquely capable of delivering robust and scalable Data Center Ready open systems solutions that are guaranteed to perform. Sequent minimizes customers' risk, enabling implementation of complex business applications that support critical needs, based on the breakthrough Sequent NUMA-Q architecture, a comprehensive portfolio of proven migration services and offerings, and an established set of partnerships with the industry's best-in-class. For further information, phone Sequent at 503/626-5700 or 800/257-9044, or visit our World Wide Web site at sequent.com . -0- Trademarks Sequent is a registered trademark and NUMA-Q is a trademark of Sequent Computer Systems, Inc. All brand and product names appearing in this release are registered trademarks or trademarks of their respective holders. --30--JSJ/sf* ba/sf CONTACT: Sequent Computer Systems, Inc. Mike Fay, 212/317-5710 mikefay@sequent.com or Persetel Open Systems Division Haidee van der Berg, 011 445-9246 ptlhev@persetel.co.za KEYWORD: CALIFORNIA OREGON INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS PRODUCT URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com

To: van wang who wrote (774)	1/21/1998 2:20:00 AM
From: Gordon Quickstad	Read Replies (1) \| Respond to of 1229

I generally believe that news follows price. I would guess from today's price action that a rumor is getting around that SQNT is going to miss their street estimate of $0.44 a bit (maybe $0.05 if I had to guess?). Last summer-to-fall, I went from 17 to 28 and sold half and now maybe I'll get to do it again with the remaining shares. I would not have been a shorter at 28 back then unless I was clairvoyant. I will take a stab at one-way (upside) clairvoyancy and predict that the stock will be above 25 in next 3 to 6 months.