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Technology Stocks : ZENITH ELECTRONICS

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To: joseph cheng who wrote (54)5/3/1996 9:59:00 PM
From: olduser   of 578
 
Grandpa of IOMG!!

The following is from today's briefing.com news:

ZENITH ELECTRONICS (ZE) 15 5/8 +2 5/8. Stock continues to make
strides this morning as stock has more than doubled since last
Friday when its closed at $6 1/8 per share. Earlier this week,
company announced alliances with Microsoft (MSFT), Cisco Systems
(CSCO) and US Robotics (USRX) as company is trying to transform
itself from a stogy electronics concern to a cutting-edge Internet
company. Along with alliances, company is introducing a system
that lets cable TV operators offer high-speed data transmission,
including access to the Internet. Given this week's price run-up,
one could call this stock the "grandpa of Iomega".
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