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

To: Z Analyzer who wrote (890)	6/3/1999 7:23:00 PM
From: LK2	Respond to of 1989

RE--Confusing Press Release. SEG issues corrected release. For Personal Use Only >>>>>>>>>>>>>>>>>>>> biz.yahoo.com Thursday June 3, 6:55 pm Eastern Time Company Press Release SOURCE: Seagate Technology, Inc. Correction -- Seagate Technology, Inc. (NYSE: SEG) In SFMW03, Seagate Breaks Another Technology Record: Demonstrates 105,000 Track-Per-Inch Recording Density, moved Wednesday, June 2, we are advised by the company of changes throughout the release. Complete, corrected release follows: Seagate Breaks Another Technology Record: Demonstrates 105,000 Track-per-Inch Recording Density Latest Achievement Offers Eight Times Greater Recording Density Than Hard Disc Drives Shipping Today - the Potential Equivalent of 25 Gbits/Square Inch SCOTTS VALLEY, Calif., June 2 /PRNewswire/ -- Seagate Technology, Inc. (NYSE: SEG - news) today achieved another breakthrough in storage technology by demonstrating the ability to record 105,000 concentric tracks of data on a disc within the space of an inch (2.54 cm), enabled by a high-speed, two-stage head positioning system. This unprecedented track density is the equivalent of writing 420 rows of text in the thickness of a sheet of paper and represents an eight-fold increase compared to the storage track density of conventional hard disc drives shipping today. Track density is a key metric in determining the storage capacity of a disc drive. ''The breakthrough demonstrated by Seagate is very significant and promises to have a dramatic impact on the future face of storage technology,'' said Tom Porter, Seagate's chief technical officer. ''With the 105,000 track-per-inch capability shown in this technology demonstration, it would be possible to record 36 gigabytes on a single, two-sided disc, or an equivalent of 25 Gbits/square inch, if applied to conventional drive technology.'' Seagate's Optically Assisted Winchester (OAW) architecture provides a number of key technologies that afford several different solutions to the upcoming challenges in increasing the storage capacity of disc drives. Key components of the demonstration included a fibre-directed laser beam, a micro-positioning mirror integrated onto a hybrid opto-magnetic recording head, a micro-focusing lens, and a patterned polycarbonate plastic disc. A position error of only 1.2 microinches was measured. This is sufficiently accurate to provide a track density of 105,000 tracks-per-inch. SOURCE: Seagate Technology, Inc. Copyright © 1999 PRNewswire. <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<

To: Z Analyzer who wrote (890)	6/3/1999 11:37:00 PM
From: Mark Oliver	Read Replies (1) \| Respond to of 1989

<Confusing press release. It sounds as if the track density record was achieved using microactuation (presumably HTCH's) with conventional heads and next paragraph they're talking up the virtues of optically assisted drives. -Z> It's probably clear to you now after reading the new press release. This drive is not a standard drive, but optically assisted. It uses a laser to focus heat on the disk surface which makes the deposit of a magnetic signal smaller, hence the greater track density. Microactuation would be an extension of the standard hard drive and its use will also result in greater track density. Regards, Mark PS Have you got a feeling yet whether orders for Hutchison have picked up? I wonder if this announcement from Quantum is a part of the delayed reaction to the announcement Hutchinson made? There have been some big changes in the distribution channel lately. I wonder if pricing has been damaged by distributors eliminating stock? Certainly, Hutchinson's share price has been moving pretty positive this week. It would be good news for all if their order imbalance has been corrected.