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Technology Stocks : Zenith - One and Only

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To: Scott Lerner who wrote (3725)12/23/1997 2:01:00 PM
From: Ted Downs  Read Replies (2) of 6570
 
Scott,
He feels ZE is not solvent past 9 months with the Korean situation getting worse. He also agreed with me that ZE is probably speaking with other companies regarding some kind of backing.

Possibly something good may come out of the Korean debacle. I've felt for some time now that they were not really doing much of a job regarding ZE. Now, perhaps this will open the door for someone here in the US to step in and takeover. I think this would be an advantageous opportunity for someone and a chance for LG to save some of their investment unless they have very deep pockets. My bet is they dump ZE because they don't need anymore debt at this time.
Ted
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