To: PCSS who wrote (46051 ) 1/29/1999 10:12:00 AM From: Roads End Read Replies (1) | Respond to of 97611
[B] Compaq to sell products and services over Internet [.17318] By Bridge News New York--Jan 29-- Compaq Computer Corp. today announced the formation of the Compaq.com Business Division. The new division will be responsible for selling Compaq products, services and solutions to customers over the Web. * * * The following is the text of today's announcement with emphasis added by Bridge News. BridgeStation links to company data have been inserted at the end: COMPAQ.COM EXPANDS E-COMMERCE REACH Compaq Computer Corporation (NYSE:CPQ) today announced the formation of the COMPAQ.COM Business Division, ( compaq.com ), to establish Compaq as one of the leaders in online marketing. THE NEW DIVISION WILL BE RESPONSIBLE FOR SELLING COMPAQ PRODUCTS, SERVICES AND SOLUTIONS TO CUSTOMERS OVER THE WEB. This represents Compaq's second strategic announcement in the Internet arena this week following Tuesday's announcement of the company's creation of the AltaVista Company ( altavista.com ). "THE FOCUS OF THIS NEW ORGANIZATION IS TO FULLY LEVERAGE THE INTERNET TO NOT ONLY SELL SYSTEMS AND SOLUTIONS, BUT ALSO TO BUILD STRONGER RELATIONSHIPS WITH OUR CUSTOMERS -- from personalized Web sites for consumers to highly integrated extranets for global corporations," said Eckhard Pfeiffer, Compaq President and CEO. Pfeiffer named Kenny Kurtzman as vice president and general manager of Compaq.com, reporting to Enrico Pesatori, Compaq Senior Vice President, Corporate Marketing. Kurtzman was most recently vice president and general manager of Compaq's Small and Medium Business (SMB) Division where he led the recent successful launch of the company's Prosignia family of products and Internet services, and SMB direct sales program. "Our plan with Compaq.com is to provide customers with the best e-commerce buying experience in the industry and also deliver the most valuable content and services on the Internet," said Kurtzman. For more information on Compaq's industry-leading products, solutions and services, visit compaq.com . Company Background COMPAQ Computer Corporation, a Fortune Global 100 company, is the second LARGEST COMPUTER COMPANY IN THE WORLD and the largest global supplier of computer systems. Compaq develops and markets hardware, software, solutions, and services, including industry-leading enterprise computing solutions, fault-tolerant business-critical solutions, networking and communication products, commercial desktop and portable products and consumer PCs. The company is an industry leader in environmentally friendly programs and business practices. Compaq products are sold and supported in more than 100 countries through a network of authorized Compaq marketing partners. Customer support and information about Compaq and its products are available atcompaq.com . For charts and historical stories on this company, double-click the following (BridgeStation 6.2.5 and Telerate only): 240-day Price History Media://analytics:CPQ-Price-History:/cmd=US;CPQ[1350MOV3]/DAT=L240 Two-day intraday price chart: Media://analytics:CPQ-intraday:/cmd=US;CPQ[7334ID2] Trailing 12 months Earnings per Share Media://analytics:CPQ-EPS:/cmd=US;CPQ[1584EPS] News stories on this company from Bridge News Media://NewsSearch::/Source=mar/Symbol=CPQ/go/newest/Search News stories from all vendors Media://NewsSearch::/Symbol=CPQ/go/Search For BridgeStation version 6.26 or higher: 240-day Price History Media://Analytics/Pages:CPQ-Price-History:/cmd=US;CPQ[1350MOV3]/DAT=L240 Two-day intraday price chart: Media://Analytics/Pages:CPQ-intraday:/cmd=US;CPQ[7334ID2] Trailing 12 months Earnings per Share Media://Analytics/Pages:CPQ-EPS:/cmd=US;CPQ[1584EPS] Summary of the company's fundamentals: Media://Analytics/Pages:CPQ-Fundamentals:/cmd=[CF]US;CPQ/MNU News stories on this company from Bridge News Media://NewsSearch::/Source=mar/Symbol=CPQ/go/newest/Search News stories from all vendors Media://NewsSearch::/Symbol=CPQ/go/Search Tel: (212) 372-7571 Send comments to email address: equity@bridge.com [symbols:US;CPQ] Jan-29-1999 07:09 GMT Symbols: US;CPQ Source [B] BridgeNews Global Markets Categories: MST/GEO/US MST/IND/TEC/PC CAP/STOCKS CAP/INDEX MR/NEWS