To: rupert1 who wrote (58815 ) 4/19/1999 6:28:00 PM From: Elwood P. Dowd Read Replies (1) | Respond to of 97611
Compaq commotion should stir up AltaVista By Sandeep Junnarkar Staff Writer, CNET News.com April 19, 1999, 2:40 p.m. PT news analysis The corporate shakeup at Compaq Computer hopefully will give AltaVista, a Compaq spin-off and portal-wannabe, a swift kick in the pants, analysts said. Compaq's acquisition of Digital Equipment last year also netted the No. 1 maker of personal computers an unsought diamond in the rough tucked away inside DEC. However, Compaq mostly let AltaVista languish until it spun off the search engine earlier this year and announced intentions to take it public. Still, most analysts agree that neither Compaq nor AltaVista has made strong moves in articulating a clear Web strategy for the spin-off. But in the wake of Eckhard Pfeiffer's surprise ouster as Compaq's chief executive officer, analysts are looking for something to happen, including a possible sale. "If Compaq looks at itself and assesses itself to be a PC manufacturer and not in the business of online services, they would hasten [Alta Vista's] IPO," said Abhishek Gami, an equity analyst at William Blair. Gami noted that a management shakeup or corporate reorganization historically leads the new team to streamline the company, slashing far-flung ventures and operations. "If Compaq were to follow that history, I would expect them to try to take AltaVista and do something with it rapidly," he added. Do you want to know more? Read related news View story in The Big Picture Go to Message Boards Search News.com Earlier, as a part of DEC, AltaVista was used to demonstrate the Web capabilities of DEC's servers. Since i