Zenith - One and Only Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Zenith - One and Only

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Raymund W who wrote (6305)	9/26/1999 9:53:00 PM
From: Robert Utne	Read Replies (1) of 6570

Thanks for the encouragement. It's a labor of love. I actually give a lot of credit to the Koos for their verve and audacity. They've had the balls to come into our own backyard and did whatever it took to pull off their game plan. However, what goes around comes around. They've set themselves up for an awfully big fall. Can't help wondering if the deal they recently completed to sell 50% interest of their display division to Philips for $1.51 billion doesn't come with a lot of Zenith's assets attached. Seems like a very big price to pay for a few display factories. I note that Philips just received a contract to produce STBs for DirecTV. Did LGE include, in the sale to Philips, the capacity agreements of Zenith Network System's former Chihuahua factory? What about other Zenith assets such as the remaining equipment in Rauland? Does Philips get that, too? Lots of questions need lots of answers.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next