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

To: rupert1 who wrote (58064)	4/15/1999 2:15:00 PM
From: rupert1	Respond to of 97611

Cousin Bill at COMPAQ Innovate said:- April 15, 1999 -------------------------------------------------------------------------------- Microsoft's Gates Touts 'Digital Nervous System' Dow Jones Newswires This story was originally published Wednesday. By Bob Sechler HOUSTON (Dow Jones)--Echoing the theme of his new book, Microsoft Corp. (MSFT) Chief Executive Bill Gates stressed the need for what he calls corporate "digital nervous systems" during a conference here. "It's not as simple as saying, 'Everyone must have a Web site,"' Gates said Wednesday, speaking on the final day of Compaq Computer Corp.'s (CPQ) Innovate Forum 99. Instead, corporations must learn to use technology to get maximum use and value out of the information they generate, Gates told several thousand conference attendees. The Internet "has to be thought of as a breakthrough in communication," he said. The concept means "eliminating the boundary between back-office applications and front-office applications" so that all information can be accessed seamlessly. The concept is the central theme of Gates' new book - called "Business @ the Speed of Thought." The book was available free at the conference until Microsoft representatives ran out. Compaq's Innovate Forum, held every two years, is designed to showcase products and services to corporate customers. The theme of this year's event was Internet business strategies and solutions. Gates provided a brief demonstration of certain aspects of Windows 2000, the upcoming successor to Windows NT, Microsoft's operating system for businesses. He didn't say when Windows 2000 might be released, but Microsoft officials previously have said they expect it out late this year, about 18 months behind schedule. Gates said Windows 2000 "represents a big advance" for his company and is more powerful and easier to use for its customers. He also peppered his speech with endorsements for Compaq, which saw its stock battered on the eve of its high-profile conference after issuing a negative earnings warning. Among other things, Gates said "no partnership is more important (to Microsoft) than the work we do with Compaq." The upcoming 64-bit version of Windows 2000 will run on Intel Corp.'s (INTC) upcoming Merced processor and Compaq Computer Corp.'s (CPQ) Alpha Chip. The 64-bit version is expected to improve performance 20 times more than the current 32-bit operating system because it will make available up to 8 terabytes of random access memory. -Bob Sechler; 512-236-9637