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

To: Christopher who wrote (43934)	1/18/1999 5:38:00 PM
From: Elwood P. Dowd	Respond to of 97611

Compaq Gets It Commentary Special to ABCNEWS.com THE NET PC: A GREAT IDEA In early January, Compaq launched a new machine dubbed the Internet PC. Full-page newspaper ads displayed a list of goodies inside the box that made the machine even more Net-ready than other PCs now shipping. Admittedly, there was a lot of fine print — noting, among other things, that services like digital subscriber lines (DSLs) were not yet available in many places. But the strategic shift was clear. The Net PC idea is a great one — especially since the Net has been driving PC sales for two years, and will do so for years to come. Since the company's purchase of DEC, we've all been waiting to see what would be done with the crown jewel: the AltaVista search engine. We can assume that the smart kids at CQ are planning a litany of additional surprises in effecting a strategy to put AltaVista higher up on everyone's charts. On Jan. 12, the company paid $220 million for Shopping.com, a firm that lost $18.9 million on sales of $4 million in only nine months. A Net PC, a top search engine and a money-losing though promising e-commerce site: It becomes even more clear that Compaq is transforming itself from a computing company into an Internet company.