Experiments are reported that demonstrate current-perpendicular-to-the-plan
e giant magnetoresistance devices can be switched repeatably between the hi
gh- and low-resistance states by passing current vertically through the str
ucture. The lithographically patterned devices, having diameters in the ran
ge of 0.3-0.7 mu m, operate at room temperature and exhibit distinctly sepa
rate switching of the soft and hard layers. Designs for magnetoelectronic r
andom access memory can utilize this scheme for storing and reading informa
tion. (C) 1999 American Institute of Physics. [S0003-6951(99)04642-2].