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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Dale Stempson who wrote (4210)	8/21/1998 11:15:00 PM
From: Gottfried	Read Replies (2) \| Respond to of 9256

Dale, I've seen no company release stating they had firm orders. In fact most news has come from obscure web sites (except the WSJ article two days ago). Methinks we have unusually heavy hype here. The WSJ article... Dow Jones Newswires -- August 19, 1998 Review: Malaysian Manufacturer's New Disk Drive Promising By MURRAY HIEBERT Dow Jones Newswires excerpt: The same disk can be used to store computer data or graphics, to play and edit movies or to record sound and music. "Orb has three different applications," Iftikar points out. "You soon won't need a videocassette recorder, a hard disk and a CD player." And Orb will undercut its competitors: Its drive will sell for $199 and the disks for $30 each. By comparison, Iomega Corp.'s (IOM) 2-gigabyte Jaz2 drive costs $549 and disks $150. GM for subscribers to WSJ-online: search for Castlewood to get the story. If I pasted the URL, it wouldn't work for you, because it has my name in it. (cookies and all that)

To: Dale Stempson who wrote (4210)	8/21/1998 11:40:00 PM
From: Stitch	Read Replies (2) \| Respond to of 9256

Dale, Yes, I did attend the ceremony. I did not personally run into any specific OEM folks among the attendees but that does not mean they were not there. The event was well attended. I spoke a bit with their marketing/sales folks and it is clear that they have an OEM strategy and are not pursuing the retail sector initially. I am very impressed with the people I have met at Castlewood and very much impressed with the specs of the drive and the pricing. I think this company/product is one to watch and am going to venture to say that the cartridge market will be a fast growing segment at the high performance end (one G-Byte and up capacity, SCSI interface). Best, Stitch