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Technology Stocks : Seeq Technology Coming Back.... -- Ignore unavailable to you. Want to Upgrade?


To: stockaholic who wrote (1410)11/20/1997 5:09:00 PM
From: Mark  Read Replies (1) | Respond to of 2127
 
Hey - SOME PR ! OK, so it's not from Seeq, but they do get a
mention !

From PCQuote -

Essential Communications Leads Industry With
Gigabit Ethernet Product for SGI Systems

Business Wire - November 20, 1997 15:50

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Nov. 20, 1997--

PCI-based NIC (Network Interface Card) Interoperates

With All Major Gigabit Ethernet Switch Vendors

Essential Communications, a leading provider of Gigabit networking solutions, today
announced the release of JackRabbit(tm) version 1.0, a Gigabit Ethernet NIC for SGI's
Octane and Origin systems, becoming one of the first companies to bring a Gigabit Ethernet
product to market.

"Gigabit Ethernet products have been announced by a number of companies, but Essential's
JackRabbit is one of the first to hit the market," said John Gibbon, vice president of
engineering for Essential Communications. "Essential has been pioneering Gigabit networking
since 1992. Our strategic focus in this area and our expertise in the development of NICs,
switches and routers over the past 5 years, has enabled us to deliver this product in a timely
fashion."

The JackRabbit Gigabit Ethernet NIC includes Essential's proprietary ASIC design known as
Roadrunner. Essential's Roadrunner ASIC is being licensed to a growing number of other
Gigabit Ethernet NIC developers, a testimony to Essential's leadership role in Gigabit
networking. Last month, Essential Communications announced a collaborative effort with
SEEQ Technology, a leading manufacturer of Fast Ethernet components, to develop a new
PCI-based Gigabit Ethernet controller offering 32- and 64-bit PCI bus interface NICs and
MACs (Media Access Controllers) for cost-effective, high bandwidth, and high-speed
networking.

"With many of the larger players announcing delays of their Gigabit Ethernet products, we
anticipate a significant demand for our new JackRabbit Network Interface Card," said
Michael McGowen, president and CEO of Essential Communications. "Our JackRabbit NIC
also addresses the major concern of early Gigabit Ethernet adopters by supporting
interoperability with all major Gigabit Ethernet switch vendors."

Essential's JackRabbit is a PCI-based Gigabit Ethernet NIC that is fully compliant with the
IEEE 802.3z.D3.1 specification. JackRabbit NICs for SGI Octane and Origin products are
available immediately. Essential's Gigabit Ethernet drivers will be available for Windows NT,
Sun Solaris and IBM AIX systems by year's end.

Essential Communications, founded in 1992, is a leading provider of affordable, end-to-end
Gigabit networking solutions used in workgroups, backbones, cluster computing, storage
management, and visual computing. Essential's Gigabit networking products include Network
Interface Cards (NICs), switches and routers. Essential Communications is a member of the
Gigabit Ethernet Alliance. For more information about the company and its products, contact
Essential at 800/278-7897, or visit their web site at www.esscom.com



To: stockaholic who wrote (1410)11/20/1997 11:15:00 PM
From: ed doell  Read Replies (1) | Respond to of 2127
 
SEEQ TECHNOLOGY: For the trading day of 11/20/97:

Last trade 3 15/32 , Net change for the day: - 9/32

closing bid: 3 7/16.... ask: 3 15/32

Volume: 226,800

Day Low: 3 13/32 Day High: 3 11/16

SEEQ website:

seeq.com

SEEQ tech analysis:

techstocks.com

techstocks.com

SEEQ research:

wsrn.com

Edgar on Line (SEEQ):

edgar-online.com

Latest ER:

biz.yahoo.com

good luck to everyone on Friday.

Ed



To: stockaholic who wrote (1410)11/20/1997 11:24:00 PM
From: ed doell  Read Replies (1) | Respond to of 2127
 
I had a very informative phone call from Phil Barton late this afternoon. I will try to summarize its essentials for a post tomorrow.

Stockaholic's post is confirmed by my conversation with one exception. Phil said that SEEQ has made a conscious effort to do presentations to analysts, etc. and has hired a PR firm. He appeared to be interested and open to the idea of PR being educative. So SEEQ has addressed the issue of getting the message and story out there in the last few months and will do so in the future.

The TX trans device is the major reason for being upbeat in 98.

IMHO SEEQ should be a $4 stock. Undervalued at this point IMO.

More later, thanks for such a great board...

Ed