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Technology Stocks : Read-Rite

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To: Bill Lin who wrote (2936)	4/7/1998 8:28:00 PM
From: Stitch	Read Replies (1) of 5058

Bill, Headway is a joint venture of Komag, Asahii Glass,Hewlett-Packard, and Seagate and is an outgrowth of Komag's ill fated acquisition of Dastek some 6 years ago. They have designed an MR head that is different from the IBM/Read-Rite design; so called "dual stripe" MR which incorporates two MR layers in a 5 wire configuration versus the typical 4 wire. Headway primarily has supplied wafers, especially to Seagate and SAE, though they have tried to get a full MR slider programs going. They experienced a setback when a major customer, H-P, withdrew from the disk drive market. I have been out of touch with their progress. Sorry I am not able to comment much further. The joint announcement with HMT is interesting. Best, Stitch

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