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To: Kevin who wrote (28107)	11/10/1997 10:12:00 AM
From: Nemer	Respond to of 58727

Kev: My buddy Ron posted this over the weekend concerning IBM-- NEW YORK, Nov 9 (Reuters) - International Business Machines Corp plans to announce a breakthrough in disk-drive technology that the company said would pave the way to far-better personal computer storage devices than exist today. The development, which IBM plans to unveil officially on Monday, represents a major step forward for disk drives, said Bob Scranton, vice president of technology for IBM's Storage Systems division. Scranton said most disk-drive improvements involve the shrinking of the area needed to store individual bits of information. But as those areas become smaller, he said, more sensitive devices are needed to read the data. ''The first kind of improvement, towards miniaturization, tends to be a gradual evolution, but the second tends to occur in major steps,'' Scranton said. ''This breakthrough will allow us to stay on the rapid growth pace'' of about 60 percent annual growth in drive storage capacity, he said. The breakthrough IBM will announce is based on a scientific effect discovered in 1988. In 1994, IBM said it successfully used the discovery for the first time to create a super-sensitive sensor for detecting data on a hard disk. According to IBM, the breakthrough, called Giant Magnetoresistive (GMR) heads, could boost storage density on drive platters to more than 10 billion bits per square inch. In contrast, IBM said the first drive to deploy the new technolgy would set a density record with about 2.7 billion bits per square inch. That drive, the Deskstar 16GP, will be available starting next month and will hold 16.8 gigabytes of data, or enough to hold eight hours of full-motion video. The company also plans to announce a new series of high-performance drives, the Deskstar 14GXP, which offers up to 14.4 gigabytes of high-speed storage. Both families of drives are for desktop computers. Suggested retail pricing for the Deskstar 16GP family ranges from $275 for a 3.2-gigabyte drive up to $895 for the 16.8GB model. The high-speed drives will range from $675 for a 10.1-gigabyte drive to $845 for the 14.4GB model. IBM will begin shipping drives to personal computer manufacturers worldwide next month and plans to license the technology to other disk-drive manufacturers, Scranton said.

To: Kevin who wrote (28107)	11/10/1997 10:12:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

Kevin, Per last Fridays data, it IBM was smack in the middle of my SHORT-TERM technicals, which doesnt surprise me since the whole market was in the same range. When in the middle as I have stated several times, it is a flip of the coin. Then this morning they came out with their announcement concerning the hard drive improvements. I have noticed in the past that IBM moves closer to the DOW than the SOX. Is that also your feeling, since I do not really follow stocks every day. If that is the case, The DOW is definitely gaining technical strength not losing it. I am getting closer and closer to saying that the support lines of 7575 and 7510 will hold. If that is the case, your downside will be only slight. Also based on my technicals my target for the DOW is still 7900+ before the end of the year. If we see 7900 before XMAS and if you agree that IBM moves with the DOW, where would that put IBM