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

To: JEFF GREGERSON who wrote (22019)	3/16/1998 11:41:00 AM
From: van wang	Read Replies (1) \| Respond to of 97611

good point about the low end hardware businesses...lets not mention the larger disk drive mfgs...that have been toasted late last year Subject: HP Reprices Entire Netserver System Product Line; HP NetServer Systems now up to 27 Percent Less Than Compaq Systems Date: Mon, 16 Mar 1998 08:23:45 -0800 (PST) From: staff@quote.com To: quotecom-users@quote.com ============================================================ Our investors earn 2% per month - paid monthly. 4yr track record / references. For info pack email name, address, telephone to: mailto:entityfs@sympatico.ca ============================================================ News Alert from BusinessWire via Quote.com Topic: (NYSE:HWP) Hewlett Packard Co, Quote.com News Item #5773894 Headline: HP Reprices Entire Netserver System Product Line; HP NetServer Systems now up to 27 Percent Less Than Compaq Systems ====================================================================== PALO ALTO, Calif.--(BUSINESS WIRE)--March 16, 1998-- Hewlett-Packard Company today repriced its entire NetServer systems line, increasing the overall affordability of the Intel-based server family. The price drops, effective immediately, are up to 20 percent. Combined with HP's recent (March 2) price cuts of up to 50 percent on storage and memory accessories, these price cuts make HP NetServer systems among the most competitively priced systems on the PC-server market. For example, the HP NetServer LC II system is now priced 23 percent less than the Compaq ProLiant 1600, and the HP NetServer LX Pro system is 27 percent less than the Compaq ProLiant 6000. "These aggressive price cuts reflect our strategy to help the channel sell HP NetServer systems," said Eileen O'Brien, marketing manager of HP's Commercial NetServer Operation. "HP's objective is to transform the way we do business with the channel by paying as much attention to channel inventory as we do to our own inventory levels. In the face of competitive efforts to fill the channel with inventory, HP is sticking to its stated supply-chain strategy." The price cuts reflect HP's proactive strategy to pass production, component and distribution cost savings on to customers. Decreased costs of DRAM (Dynamic Random Access Memory) and other components have led to an overall system-level cost savings that HP is passing along to its channel and customers. HP NETSERVER SYSTEMS The complete family of HP NetServer systems consists of two distinct lines of PC servers. The HP NetServer E Series is the first line of servers designed for environments with little or no MIS support, such as small businesses or self-supported workgroups. The award-winning L Series systems are designed as workgroup through enterprise application servers. All HP NetServer systems come equipped with HP TopTools management software and the HP NetServer Navigator featuring easy-to-use tools to configure, install and manage the servers.