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

To: Kenya AA who wrote (53780)	3/18/1999 8:30:00 AM
From: Red Scouser	Respond to of 97611

k:03/18 06:20 Cable & Wireless [CW-news] wins data, Internet deals LONDON, March 18 (Reuters) - Telecommunications group Cable & Wireless Plc said on Thursday it had won two deals with Compaq [CPQ-news], one to provide a global data network and one to host Alta Vista's web servers in Europe. For Compaq Computer Corp., it will provide a worldwide network for three years that uses Asynchronous Transfer Mode (ATM) technology, which efficiently transfers data and images in high-bandwidth bursts. Compaq said the deal meant it would no longer need to negotiate with local telecommunications providers. ECRC, a Munich-based Internet service provider that Cable & Wireless acquired in January, will host servers for Compaq's Web navigator unit Alta Vista in Germany and shortly across Europe. Cable & Wireless also unveiled plans on Thursday to extend its U.S. Internet backbone to the world, integrating it with its own new global ATM network. "With this plan Cable & Wireless is positioned to be the premier Internet Protocol supplier delivering advanced services to more than 80 countries worldwide," it said.

To: Kenya AA who wrote (53780)	3/18/1999 8:32:00 AM
From: Red Scouser	Respond to of 97611

K:-03/18 07:52 CEBIT-Intel[INTC-news] says Q1 outlook unchanged HANOVER, Germany, March 18 (Reuters) - Intel Corp [INTC-news] said on Thursday that it saw no reason to change its outlook for the first quarter of 1999, despite signs of slack demand at two of its largest customers. "We are still comfortable with the estimates we've given," Pat Gelsinger, general manager of the company's desktop products group, told Reuters at the CeBIT trade fair. Intel in February said demand remains strong although first quarter sales would be down from the fourth quarter's $7.6 billion on seasonal factors. Gross profit margins will also be down slightly from the fourth quarter. In the last several weeks, Compaq Computer Corp [CPQ-news], the world's largest PC maker, said first quarter sales had softened. That followed a report from Dell Computer Corp [DELL-news] in which its fourth quarter revenue grew 38 percent but still fell short of expectations. Gelsinger said some estimates for PC demand may have been off the mark because of the year 2000 glitch that companies are racing to fix before the end of the year. "I think people were expecting an acceleration (of demand) in the first half because of Y2K, and we don't see that now," he said. "We may see that in the second half instead."