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

To: William Epstein who wrote (7275)	5/13/1999 12:32:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 7841

IBM Sets a New Record for Magnetic Disk Storage, NYT Reports New York, May 12 (Bloomberg) -- International Business Machines Corp., the world's largest computer maker, has set a record in magnetic disk storage density, the New York Times News Service reported, without citing sources. The record doubles the amount of information that can be stored on a square inch of magnetic disk to 20 billion bits, the NYT said. In standard measurements of disk-drive capacities, 20 billion bits is around the amount of data that can be stored on a 2.5 gigabyte drive, a common size for most personal computers, the newspaper said. International Business Machines Corp. and Hewlett-Packard Co., the world's top two computer makers, are teaming with Seagate Technology Inc. to unveil tape-storage technology which will help corporations store large amounts of data on tape cartridges and pose a threat to market leader Quantum Corp. (NYT 5/12 www.nytimes.com)