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Technology Stocks : ZENITH ELECTRONICS
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To: Madpinto who wrote (568)12/25/1997 4:09:00 PM
From: John Kriedel  Read Replies (1) of 578
 
Mike:

I have followed this one for 2 years and it still manages to go south. If 6 is bottom I'd be surprized. I think it is all over for zenith. Consumers reports show their tv, vcrs on the low end needing hi repair. Maybe you can make a couple points but thats about it. Digital tv seems to be the only thing saving this company. They have lousy management. I don't belive they could ever get above 10. They need to cut back and start building quality and do hi quality advertizement.
They lost the consumer confidence. With the down rating of their borowing to ccc they can be only be bought up. Time will tell.
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