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Technology Stocks : ZENITH ELECTRONICS

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From: Chris Alexander	5/14/1996 12:43:00 AM
	of 578

This news announcement about Broadband is empty hype. I read it carefully and it is just a name-dropping, buzzworded news announcement. Why do I feel this way. Lately, whenever a company wants some extra capital, it drops a hot company name in a news announcement. Everybody looks at this 1000x figure and goes nuts and they are stupid enough to jump on the stock in a pile-up. The BIG problem with this stupid announcement is that the statement that it is based on fiber to the curb which Bell Atlantic among others has stated is cost prohibitive for years. When this is figured out, Broadband tanks just like ZE. It is amazing the similarities. I will be a fun day-trade taking advantage of all the idiots thinking the skies the limit. I know all about this having acted this play out already; and not again. Broadband will be up eventually due to the news but it isn't going anywhere after that. Volatile as hell until this sorts out. Expect a big plunge and then a wild ride up again on a terrific day trade opportunity. That is my call on it; could be wrong. Chris

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