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Technology Stocks : Micromem Technologies ***MAG-RAM*** ( MMTI)
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To: Mani1 who wrote (2)5/4/1999 9:50:00 PM
From: wily  Read Replies (2) of 95
 
Mani,

From the Scientific American article:

In the near term, "we would just be happy to get a toehold in the market," comments Mark B. Johnson, a physicist at the Naval Research Laboratory. "That could probably happen within two years," he says, if magnetic memories can shoulder out Flash RAM and so-called EEPROMs, the two leading forms of permanent semiconductor memory. "They are vulnerable because they are really slow: writing data can take tens of microseconds, and erasures take up to a second," Johnson observes. Both kinds of chips require high power and wear out after less than a million write operations. "Even so, that is a $5-billion-a-year market," he adds.

Isn't that a rather compelling number: $5 Billion market and only 2 companies going after it -- Honeywell and Micromem, both possibly in production within 2 years?

wily

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