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Technology Stocks : Zenith - One and Only

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To: Terry Berg who wrote (3264)10/2/1997 1:14:00 AM
From: Robert Utne   of 6570
 
I'm concerned, to say the least....The Koreans believe that their 55% ownership of Zenith common stock is sufficient to dictate Zenith's markets and products.

According to Korean press releases, LGE will assume the distribution of all CE products produced by both LGE and ZE in Latin America and the Caribbean (550 million population market).

This is a clear conflict of interest affecting all minority ZE stockholders.

The Koreans need to understand that a very prosperous Zenith is in their self interest. Allow Zenith to directly market to Latin America its own products and LGE to market non-competing products. Two brands (with separate distribution channels) are better than one.

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