Bryan, regarding foreign ownership of ZE stock...
That foreign ownership has a large outfit right here in Huntsville, with ITS name in bright red lights, parked within a few miles of some other hi-tech companies on the strip. LGE has as much an interest in ZE's profit-making and tech-breaking business as any American company would, perhaps more. LGE's future is probably more tied to the U.S. and its research facilities than any other part of the world.
With Gov't downsizing on everything, tech's and engineer degrees are looking for work -- not much with the Gov't and Military anymore...too subject to Congressional and Administrative cuts for votes. And many of them are here...the internet and TV for the masses is the big, big near term and long term push, 'cause I can certainly attest and point to the fact that millions of Americans will NEVER own a computer...I know of whole towns where I came from with less than 5% computer ownership...and they hate them in their businesses...but they ALL HAVE TV's! K.I.S.S.
Not a revealing post, this, but this type foreign interest would make me feel better, not worse, about the ZE's future. Check out the sKorean's success rate over the last 43 years. They play to win.
rd |
