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Technology Stocks : Zenith - One and Only

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To: Robert Utne who wrote (3368)11/6/1997 12:36:00 AM
From: Peter Fiala  Read Replies (1) of 6570
 
Bob,

Don't have much to add from a technical perspective, but I can tell you that so far ZE sure has been lucky for me for trading.

I don't mind saying that I pick some pretty lousy stocks to buy - but I've always been able to make money on Zenith. Been watching this baby bottom out lately and finally took the plunge at 8 1/8 this morning - only to come back 2 hours later to find the pop over 9.

With the fairly regular fluctuations anybody should be able to make money - even those that have bought in the teens can average down and come out ahead.

I agree with you that they are well positioned for new products - and like we saw May of '96, with the name recognition Zenith has - it doesn't take much good news to get people piling on to buy in to this underdog.

Good Luck all,
Peter
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