Fast data-storage systems are EMC's big opportunity

Article Abstract:

EMC Corp, which manufactures fast and reliable data-storage systems, is doing well. The company, which was named stock pick of the year by some industry observers, expects earnings of $4.5 million in 4th qtr 1991, compared with $3.3 million in the same period in 1990. Revenues are $232 million in 1991, compared with $171 million in 1990. The company's stock, which sold for $6 a share in Sep 1991, closed at $13.75 on Jan 24, 1992. The computer industry has been waiting for a product code-named Iceberg from Storage Technology Inc. It is an innovative storage device that connects small disk drives together into large, fast systems. Iceberg is under development at Storage Technology Inc, but it is not expected to ship until later in 1992. Meanwhile, EMC already offers its innovative products, which work by combining memory chips to arrays of disk drives.

Computer storage devices, Services allied to motion pictures, Photocopying & duplicating services, Product development, Finance, Profits, Storage Technology Corp., STK, Memory management, EMC, Computer storage device industry, EMC Corp. (Saint Paul, Minnesota), Outlook, Competition, Profit, Stock, Financial Report, Fourth Quarter, Disk Arrays

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Computer makers question coding plan

Article Abstract:

The computer and telecommunications industry wrote Pres Clinton expressing their concern over the Administration's proposed Clipper voice- and data encryption standard. The letter, signed by Apple, AT&T, DEC, HP, IBM, Lotus Development, McCaw Cellular, MCI, Microsoft, Sun Microsystems and 21 other companies and organizations, questioned the wisdom of basing the standard on secret mathematical instructions. The Clipper Chip was developed by the National Institute of Standards and Technology (NIST) and the National Security Agency. One of the concerns of signatories such as the Digital Privacy and Security Working Group is that the National Security Agency's mandate is to break codes, not protect privacy. The signatories are suggesting that the Clinton Administration encourage debate on the issues they presented.

Standards, Safety and security measures, Standard, Standardization, Encryption, Data encryption, Design and construction, Data security, Data encryption chips, Data security devices, Proposal, Critique

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