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Technology Stocks : Zenith - One and Only

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To: Robert Utne who wrote (3521)12/2/1997 12:25:00 AM
From: Robert Utne  Read Replies (1) of 6570
 
Correspondence from Seoul..Received an e-mail response from LG in Seoul stating that a press release will be issued clarifing the intentions of LG/LGE concerning Zenith.

I sincerely believe that LG/LGE wants to make their considerable Zenith financial and human resources investment a very successful Korea/US partnership model and will maintain Zenith as an independent US corporation. It's in all of our self interests.

I'm thankful for their response and especially thankful for their sincere determination to return Zenith back to sustainable profitability and # 1 CE status in the US.

It's an especially trying time for the business community within the Pacific Rim, including Korea. Throughout the recent financial turmoils, LG/LGE stands very tall among its competitors and continually demonstrates that Zenith is very fortunate to have such an intelligent, responsible, focused and dynamic world-class partner.

Three cheers for LG/LGE.... OK, now, let's get Zenith a new world-class ceo aboard. Time is running low.......
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