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Technology Stocks : Seagate Technology - Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (1054)7/20/1999 2:06:00 PM
From: Robert Douglas  Read Replies (1) | Respond to of 1989
 
biz.yahoo.com

<<Seagate has shipped over 2 million U4 disc drives since they were introduced in the Spring, and the drives are integrated into PCs made by Compaq, IBM, Hewlett-Packard, Acer, NEC, Siemens, eMachines and others. U4 is the industry's only disc drive designed specifically for sustained low-cost manufacturability and top reliability. Continued adoption of the U4 by the top-tier PC makers confirms a growing demand for storage solutions that address the entry-level market, which International Data Corp. (IDC) estimates will total nearly 38 million units by 2001.>>

IBM buying Seagate drives? Is this significant?

-RD