Using a simple model of concentrically coated magnetic granules embedded in
a nonmagnetic matrix, we analytically investigated properties in systems o
f ellipsoidal magnetic granules. It is shown that giant magnetoresistance (
GMR) as well as the resistivities of these systems depend strongly on the s
ize and shape of the granules. In particular, there is always an optimum gr
ain size for the magnetoresistance. (C) 2000 Elsevier Science B.V. All righ
ts reserved.