Personal technology: outgrowing your PC? How to quietly add another hard drive

Article Abstract:

Adding a second hard drive to a computer is a cost-effective way to extend the usefulness of a home PC. A Maxtor 60 MB drive sells for $300. If the CPU has an extra bay, it is relatively easy to plug in a new drive, though some DIP switches and system files may need to be reset or updated. Help with software is available from manufacturer's Web sites. If a properly functioning hard drive makes too much noise, get a SilentDrive enclosure, made by Molex Inc.

United States, Statistical Data Included, Usage, Product information, Technology application, Product application

---

Applied Magnetics seeks rival Read-Rite; hostile offer of $1.7 billion is bid to form big maker of disk-drive heads

Article Abstract:

Disk drive parts maker Applied Magnetics is attempting a hostile takeover of its rival Read-Rite, offering $1.7 billion in a stock for stock trade. Applied's stocks are up 84% so far in 1997, and rose 243% in 1996, while Read-Rite's have dropped 40% since Sept 1995. Applied is taking advantage of its high stock prices to acquire Read-Rite, with revenue of $1 billion annually, three times that of Applied's annual revenue of $243 million. The hostile takeover began when friendly talks collapsed. Consolidation in the disk drive industry has put increasing pressure on parts suppliers to cut costs. Applied estimates that with its acquisition of Read-Rite, combined revenues could total over $1.8 billion, with 30% market share. Since losing $52.7 million in FY 1994, Applied has made an incredible turnaround, and seeks to acquire Read-Rite's strength in cutting edge technology.

Mergers, acquisitions and divestments, Company acquisition/merger, Applied Materials Inc., AMAT, Read-Rite Corp., RDRT

---

Gateway 2000, Seagate warn of slow sales

Article Abstract:

Gateway 2000 reported it does not expect to meet its anticipated second qtr revenue. Seagate Technology also announced that its fiscal fourth qtr sales were lower than had been predicted. Gateway is expecting sales in its second qtr to be approximately $1.42 billion, the same as in its first qtr. Seagate's fourth qtr, to end on Jun 27, 1997 will have sales of between $2 billion and $2.1 billion, rather than the $2.25 billion the company had been expecting. These companies are part of an ever growing group of large computer companies that are failing to meet Wall Streets expectations, such as Intel and Cabletron Systems. Not every company in the computer industry is doing poorly; Dell Computer and Compaq Computer are both experiencing market share growth and strong earnings.

Electronic computers, Computers, Electronic Computer Manufacturing, Computer industry, Finance, Company sales/revenue, Company sales and earnings, Gateway Inc., GATE, Seagate Technology L.L.C., SEGT

Similar abstracts:

• Abstracts: Apple and Ellison seem ready to duel over control of ailing computer maker. Tera Computer to acquire Cray in surprise bid
• Abstracts: Apple gets help from rival Microsoft as chief says turnaround lies ahead. Napster alters its software in a bid to appease colleges
• Abstracts: Microsoft Money takes the lead in software for personal finances. New Microsoft Office has nice additions, but there's a hitch
• Abstracts: Behind Cisco's woes are some wounds of its own making. Company pushed to line up more parts, kept hiring even as its sales slowed
• Abstracts: AT&T's one-rate plan falls short of promise for broad, easy use. Telecom woes are unlikely to ease soon

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.