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

To: rupert1 who wrote (61479)	5/17/1999 3:20:00 PM
From: Elwood P. Dowd	Respond to of 97611

One evening a family brings their frail, elderly mother to a nursing home and leaves her, hoping she will be well cared for. The next morning, the nurses bathe her, feed her a tasty breakfast, and set her in a chair at a window overlooking a lovely flower garden. She seems OK, but after a while she slowly starts to lean over sideways in her chair. Two attentive nurses immediately rush up to catch her and straighten her up. Again she seems OK, but after a while she starts to tilt to the other side. The nurses rush back and once more bring her back upright. This goes on all morning. Later, the family arrives to see how the old woman is adjusting to her new home. "So, Ma, how is it here? Are they treating you all right? They ask. "It's pretty nice," she replies. "Except they won't let you fart." JAJAJAJAJAJJJAJAJAJA

To: rupert1 who wrote (61479)	5/17/1999 3:25:00 PM
From: Elwood P. Dowd	Respond to of 97611

COMPAQ ALERT........ Monday May 17, 3:02 pm Eastern Time Compaq to Consolidate N.a. High-end Alpha Computer Plants (This is a headline-only alert, although it will likely be followed by an article soon) More Quotes and News: Compaq Computer Corp (NYSE:CPQ - news) Related News Categories: computers, options, publishing, US Market News Help Copyright © 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. See our Important Disclaimers and Legal Information.

To: rupert1 who wrote (61479)	5/17/1999 3:27:00 PM
From: Elwood P. Dowd	Read Replies (2) \| Respond to of 97611

Monday May 17, 3:01 pm Eastern Time Company Press Release Compaq To Consolidate North American High-End Systems Manufacturing HOUSTON--(BUSINESS WIRE)--May 17, 1999--Compaq Computer Corporation (NYSE:CPQ - news) announced today that it is consolidating its North American manufacturing operations for high-end, enterprise-class Alpha processor-based systems. Compaq is transferring production of such systems currently taking place at the company's Salem, New Hampshire site to its existing state-of-the-art manufacturing facilities in Fremont, California and Houston, Texas. ''To secure a competitive advantage for Compaq, we must simplify our supply chains and manufacturing operations wherever possible,'' said Ed Straw, Senior Vice President, Supply Chain Management. ''The action announced today will reduce the number of high-end server manufacturing sites in North American by a third and help us streamline order fulfillment for our enterprise customers.'' High-end Alpha systems production will move to the Fremont and Houston manufacturing facilities during a six to nine month transition period that will begin immediately. Approximately 900 employees at the Salem manufacturing site will be affected by these actions. Some affected employees in Salem will be offered the opportunity to relocate to either Fremont or Houston as part of the transition. An as-yet-undetermined number of positions will be added in Fremont and Houston over time to accommodate the additional Alpha system production in those facilities. ''Compaq is committed to building the best supply chain in the industry to reduce costs, improve efficiencies, and enhance overall customer satisfaction,'' Straw added. ''We will do our best to ease the transition for our Salem employees through benefits packages, outplacement services, and other forms of assistance.'' Compaq 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, enterprise and network storage solutions, 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 at compaq.com. Compaq, Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. Contact: Compaq Computer Corporation, Houston Alan Hodel, 281/518-8932 alan.hodel@compaq.com or Jim Finlaw, 281/514-6137 jim.finlaw@compaq.com or Investor Relations Contact: 281/514-9549 or 800/433-2391 investor.relations@compaq.com