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Technology Stocks : Seagate Technology

STX 287.64

-6.6%

Dec 12 4:00 PM EST

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To: William Epstein who wrote (6602)	1/8/1999 3:18:00 PM
From: DJBEINO	Read Replies (1) of 7841

Seagate Latest to Adopt GMR Heads for 2.5-inch Hard Disk Drives Seagate Technology will join industry leaders IBM, Toshiba <TOKYO:6502>, Fujitsu <TOKYO:6702> and NEC <TOKYO:6701> in using GMR heads on 2.5- inch hard disk drives. The California manufacturer will start employing GMR on its 2.5-inch drives in January, 2000, and by the end of the same year will have replaced MR with the higher- density format completely in the 2.5-inch drive category. Able to record at densities of 3-4 gigabits per square inch, GMR heads are finding favor as a way to maintain storage levels at the same time smaller products demand compact drives.

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