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Technology Stocks : Applied Magnetics Corp
APM 1.380-2.8%Nov 14 9:30 AM EST

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To: Brian Lempel who wrote (11416)2/18/1998 9:42:00 AM
From: Dave Chanoux  Read Replies (1) of 12298
 
Hello Brian,

In the Read-Rite Conference call in January, Mr. Yansouni (Chairman) mentioned the Optical Winchester technology.

From my notes:

"Mentioned Optically enhanced winchester technology, have a headstart in this program and are building competency."

Both Read-Rite and APM are known to be working with Seagate.

Read-Rite tends to talk openly about it, APM does not.

I can't draw any conclusions from the Seagate release except that it is very forward looking. It is a long way to revenue shipments in my opinion.

Regards,

Dave Chanoux
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