[comp.periphs] <5995@wiley.UUCP>

skipl@adaptex.UUCP (12/16/89)

Funny you should mention this.
I quit a big bucks job a few years ago to be the sales manager for a company trying to do the very same thing. 
Form factor was 8" and the interface was to be as powerful as SCSI. We had wild 
dreams of loading it up with the outrageous capacity of 130 MBytes. It 
 (one day I might learn how to send messages) had opposing actuators
which operated like a telescope. The cylinders contained iron filings
and were controlled magnetically as voice coils are.

Anyway, the market was too small for that type of device for it to 
ever be financially successful. We were quite a ways down the road before
our vulture capitalists pulled the plug. The company was purchased
by Carl Berg as a tax loss. We got the princely sum of 5 cents per share.

The company was ONTRAX and was in Sunnyvale, CA.

skipl   Adaptec TEXAS!