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Technology Stocks : Zenith - One and Only

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To: Astro59 who wrote (6370)	10/11/1999 9:57:00 PM
From: Robert Utne	Read Replies (2) of 6570

The real loser to the standards war is the consumer. Once the Feds step in to dictate standards, tech companies are handcuffed from delivering other than the mandated specs and manufacturers also are boxed in to delivering what the Government perceives is best but not necessarily what the consumer wants. Anyone ask the consumer whether they rather pay $3,000 and more just for a 16:9 ratio picture tube versus about $1,000 for a similarly sized one with the same resolution at the present 4:3 ratio. Also, the real loser in the LGE/Zenith debacle is the consumer. If LGE had allowed Zenith to quickly bring to market HDTVs priced at about a $1,500 premium to todays sets (as former Zenith CEO Jerry Pearlman promised to the FCC), scores of companies would have been working on improving the 8-VSB technology and delivering affordable HDTVs and millions of Americans would be owners of HDTVs, today. Instead, under the orders of LGE, Zenith sat on its technological and manufacturing DTV leadership allowing the Europeans and Asians to surpass it and forcing American consumers to continue to watch the world's worst audio and visual quality TV.

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