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Technology Stocks : Read-Rite -- Ignore unavailable to you. Want to Upgrade?

To: John Ritter who wrote (4794)	8/3/1999 1:34:00 PM
From: appro	Read Replies (1) \| Respond to of 5058

>>MILPITAS, Calif., Aug. 3 /PRNewswire/ -- Read-Rite Corporation (Nasdaq: RDRT) today announced a significant data storage breakthrough, demonstrating giant magnetoresistive (GMR) heads at an areal density of 26.5 billion bits per square inch, or over 38 billion bytes per 3.5 inch platter. High data rates of 230 -- 500 million bits per second, with a read sensitivity as high as 6.5 millivolts per micron were achieved in this world record setting demonstration. The performance of the fully integrated GMR pico read/write heads enable these heads to be designed into high end drives, the mobile market, emerging consumer applications, as well as drives for the desktop market.<< go2net.newsalert.com