Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: Michael W. Brom who wrote (6354)	5/11/1999 11:57:00 AM
From: Tony Viola	Read Replies (2) \| Respond to of 17183

Michael, "IBM, HP, Seagate work on storage format" Brief story in the San Jose Mercury News this morning about a joint venture between these companies for a new tape-storage format, in an attempt to try to meet some of the growing storage demands of the Internet. EMC doesn't make tape storage (I don't think), but the article just further indicates the exploding storage requirements of the internet. Said may put pressure on Quantum, but what do they care, they're up too. ====================================================================== IBM, HP, Seagate work on storage format International Business Machines Corp. and Hewlett-Packard Co. are teaming with Seagate Technology Inc. to push a new tape-storage format in hopes of meeting some of the growing storage demands of the Internet. The potent trio could pose a major threat to the leader in the $2 billion tape storage market, Quantum Corp. Tape storage systems can currently hold as much as 40 gigabytes of data on one cartridge, and their capacity is expected to grow rapidly. ======================================================================