This document discusses various types of external memory used in computer systems, including magnetic disks, optical disks, and magnetic tape. Magnetic disks are the most commonly used and come in removable and fixed varieties, using magnetic coating and read/write heads. Optical disks like CDs and DVDs provide high capacity storage using lasers to read encoded data pits. While slower than disks, magnetic tape remains useful for backup and archiving due to its very low cost per gigabyte.