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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 681.92-0.7%Dec 31 4:00 PM EST

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To: Clint E. who wrote (22943)8/19/1999 7:11:00 AM
From: Iris Shih  Read Replies (1) of 69345
 
>>>>when i am in it, i am worried. when i am out, i am restless. what's wrong with me. i
know. i am addicted. need to get a life.

How about a little Clint? It sure will cure your restless.

Seriously, do you think most of the disk drive makers will go out of business?

And what do you think about this?

SCOTTS VALLEY, Calif., Aug. 11 /PRNewswire/ -- As it continues to build momentum in delivering core technology for the
Storage Area Networking (SAN) marketplace, Seagate Technology, Inc. (NYSE: SEG - news) today announced the
shipment of the 1,000,000th Fibre Channel disc drive. The Fibre Channel interface is the critical technology that enables disc
drives to directly communicate with other devices across the storage network, including other storage products, peripherals,
and servers. Fibre Channel technology benefits users by delivering faster and more widespread access to information,
providing the ability to better automate tasks -- such as back-up routines within certain time frames, and sharing information
across dissimilar operating platforms.

Seagate anticipates that the Company will reach two million Fibre Channel units shipped by Spring. Seagate developed the
world's first Fibre Channel disc drive in 1994 and has led in the development and integration of the Fibre Channel interface in
storage devices. The company is currently shipping its fourth generation of Fibre Channel products and continues to
co-develop Fibre Channel storage technologies with leading OEMs to accelerate the transition to Storage Area Networks.

''This is an important milestone for Seagate and the Fibre Channel interface. Clearly a new generation of applications and
architectures including storage area networks are fueling this growth. Looking forward, as the need for capacity is
overshadowed by the need for performance, we expect the demand for Fibre Channel interface drives will accelerate,''
Crawford Del Prete, Group Vice President, IDC Storage and Systems Research.

Iris
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