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Technology Stocks : Applied Magnetics Corp

APM 1.370

-2.8%

2:29 PM EST

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To: Stitch who wrote (11461)	3/18/1998 4:30:00 PM
From: Dave Chanoux	Read Replies (2) of 12298

There is a fundamental change underway in the transition to MR heads. MR and GMR provide a very large increase in density. As a result we are seeing fewer platters per drive and heads per drive on new hard drives. As I sit here typing on my 5-year old 486 with covers removed, I see 9 heads on the 255 mbyte C drive and 12 heads on the 341 mbyte D drive, both Western Digital Caviar models. OK, I don't actually see the heads, the labels on the disks tell me how many heads. How many heads are the new MR-based WD, Quantum, Maxtor, Seagate etc. drives going to have? Fewer than my old Caviars. That's the dilemma and that's why I can't tell if APM is a $2 stock, a$10 stock or a $60 stock. Regards, Dave Chanoux

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