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Technology Stocks : Zenith - One and Only

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To: Robert Utne who wrote (3545)	12/5/1997 6:53:00 AM
From: Mark L.	Read Replies (1) of 6570

"Zenith has been doing virtually nothing to get its story out to Wall Street." I'm not sure this is a bad idea. Zenith has had several big announcements over the last decade, but none have resulted in profits. Zenith still has substantial credibility. Why squander it? I think it's better to wait for results (at least a trend in the right direction) before beating the drums. I would expect that most of Zenith's investors are in for the long haul. While the current price may be distressing, if you're right about Zenith's turnaround, you'll be waiting anyway until those results are clear before selling. At that point who'll care what the 12/97 price was? Since Zenith is not in an acquisition mode, I think the stock price is irrelevant to the company. On the other hand, like you I have a selfish reason for wanting to see the price higher. My reason, however, is that I would like to be short again. But, given some of the stuff that's come out recently, I wouldn't want to do that below the low 20's (unless I detected a change in LGE's support, in which case I'd be happy to be short at the current price).

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