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Technology Stocks : QUANTUM
QNTM 7.450+3.0%Dec 31 3:59 PM EST

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To: Gus who wrote (5034)11/16/1997 11:15:00 AM
From: Z Analyzer  Read Replies (2) of 9124
 
>>I don't have the foggiest idea what these folks are up to. Are they really coming out
with a new tape drive? Or are they developing standardized data formats?>>
Seagate's investor relations tells me that they have nearly settled on a standard (and will lisence anyone). That they expect to have product announcements and product in 1998. Each will have their own product. Also, the product is supposed to be 8mm and exceed Quantum's DLT capabilities (wasn't too commital in terms of how it would compare with the next generation of DLT). If Quantum is correct that 8mm's limited real estate would make it difficult for an competitor, you have to wonder why this format would be chosen (perhaps this is the format for VCR for HDTV so that these drives can be based on the same decks?)
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