We have investigated the giant magnetoresistance of artificial structu
res containing metallic Co/Cu/Co and Ni80Fe20/Cu/Ni80Fe20 spin-valves
confined within insulating antiferromagnetic NiO layers. The observed
enhanced magnetoresistance as compared to conventional all-metal spin-
valves is interpreted with a semiclassical approach in which specular
reflections at the metal/insulator barrier are included.