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

To: Stitch who wrote (3719)	7/17/1998 12:53:00 PM
From: Dennis R. Duke	Respond to of 5058

From Komag's release yesterday, available on Yahoo's RDRT page: ''We remain very encouraged with our success in product qualifications using our new substrate and epitaxial sputtering process technologies. Komag recently began initial shipments of advanced disk media to the industry's first 3 1/2-inch giant magnetoresistive (GMR) disk drive program. In addition, Read-Rite (Nasdaq: RDRT - news) recently reported that it had demonstrated the feasibility of producing GMR magnetic recording heads capable of recording over 15 GB of data on a single 3 1/2-inch disk. Disk samples from Komag were successfully used in that feasibility demonstration,'' said Johnson. Guess RDRT's statement "working directly with other vendors" includes Komag and yesterday's release by HMT indicates them, too. Let's hope it adds to demand soon. Dennis