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Technology Stocks : Zenith - One and Only

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To: Terry Berg who wrote (4459)2/18/1998 8:32:00 PM
From: John Cuthbertson  Read Replies (1) of 6570
 
Thanks for posting the article from Electronic News. The comments about Thomson (RCA-GE) not having to make a profit since it is state-owned were very, very interesting. Supposedly, the EU is limiting the ways that state-owned companies can be subsidized in order to foster competition. I don't know how much success that will have, and the EU may well not care about unfair competition against non-European companies, but from the article it would seem that if in the future Thomson faces the need to operate profitably, it could be a huge plus for ZE in their boring old TV business that no one is even contemplating.

==John
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