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

To: Yargnad who wrote (39126)	12/7/1998 7:55:00 PM
From: Elwood P. Dowd	Read Replies (2) \| Respond to of 97611

Monday December 7, 7:28 pm Eastern Time Microsoft Windows NT wins key Nasdaq deal NEW YORK, Dec. 7 (Reuters) - Microsoft Corp.'s (Nasdaq:MSFT - news) Windows NT corporate software system will be used to run the Nasdaq stock market's regulatory oversight system, marking a key contract win for Microsoft as it seeks to push its office software systems into the market for heavy-duty computers. The decision by Nasdaq, the world's largest electronic stock market, was announced Monday after months of tests showed Windows NT could handle up to four billion transactions a day, or about four times the number of shares traded on a busy day. High volume business operations like securities trading, banking or travel reservations have traditionally used Unix workstations or mainframe computer terminals. But recently, Microsoft's Windows software, which originally was designed to run desktop personal computers, has been making headway in demonstrating its usefulness in running industrial-strength back-office computer operations. Nasdaq said studies by Microsoft and its partners proved Windows NT could handle peak trading activity on its exchange over an extended period. The Windows NT system will run on Unisys Corp. (NYSE:UIS - news) server computers, while Micro Modeling Associates, a technology consulting firm, will design the new regulatory oversight system. The system is expected to be running in the year 2000. Nasdaq intends to move regulatory oversight of trading activity from a large mainframe computer running Compaq Computer Corp's (NYSE:CPQ - news) Tandem software onto a cluster of powerful PC server computers running Windows NT. The Nasdaq system monitors trading and feeds the data to Nasdaq's in-house regulators and if necessary, to the U.S. Securities and Exchange Commission. Nasdaq said an increase in market activity has necessitated an overhaul of its regulatory technology.