Zenith - One and Only Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Zenith - One and Only

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Scott Lerner who wrote (4317)	2/1/1998 6:09:00 PM
From: Robert Utne	Read Replies (1) of 6570

Quoted from Zenith's 1996 10-K: "Patents The company holds many patents and is licensed under a number of patents which are of importance to its business. The company has patents and patent applications for numerous high-definition TV ("HDTV") related inventions. To the extent these inventions are incorporated into the HDTV standard adopted by the Federal Communications Commission, the company expects to receive royalties from these patents. In addition, royalties have been and may be received from these patents for non-HDTV applications as well. In addition, major manufacturers of TV sets and VCRs agreed during 1992 to take licenses under some of the company's U.S. tuning system patents. Based on 1996 U.S. industry unit sales levels and technology, more than $25 million in annual royalty income is expected through the life of these patents, the last of which expire in 2003. While in the aggregate its patents and licenses are valuable, the business of the company is not materially dependent on them." -------------------------------------------- Is Zenith referring to the tuning system patents or VSB patents when estimating $25 million/year in royalty and expiration in 2003? This needs clarification.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next