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Technology Stocks : Zenith - One and Only -- Ignore unavailable to you. Want to Upgrade?

To: MJ who wrote (6216)	8/1/1999 9:28:00 AM
From: Robert Utne	Read Replies (1) \| Respond to of 6570

This is a battle of moral principle as much as our collective financial principals. Let's not rest until the perpetuators of these alleged frauds are brought before a court of law to answer for their misdeeds. If the Department of Justice fails to call a Grand Jury and we proceed on our own to Federal Bankruptcy Court in Wilmington, Delaware, so be it. Top on the list are Zenith's 'independent' directors and Zenith's officers. Without their assistance, none of these acts of alleged fraud would have occurred. For the record, I am not on 'The Committee' of Zenith minority equity owners since I will not be handcuffed by Zenith's requirement for a 'confidentiality' agreement. The freedom to act independently both in and out of court is a must. With your collective assistance, victory is at hand....

To: MJ who wrote (6216)	8/1/1999 12:35:00 PM
From: MJ	Read Replies (1) \| Respond to of 6570

To Robert Utne and others A MAJOR CORRECTION TO WHAT I WROTE IN THE WEE HOURS OF THE MORNING!! The cost of mailing and printing the Disclosure Statement APPROXIMATES $4,000,000 NOT THE 400,000 ESTIMATED. There are 20,000 shareholders not 2,000 as I printed-----I picked up from page 194 of the Declaration the 2,000 portion of the statement under "Delaware Anti-Takeover Law". Should have read your web site before doing my calculation. ANYWAY----AS CORRECTED AND ESTIMATED $4 million dollars!!!! For a company pursuing bankruptcy I am astounded----add to this the other costs for Georgeson and Company and staff time this $4M is only a part of the cost. WHY WOULD A COMPANY PAY THESE KINDS OF COST OR INCUR THESE KINDS OF COST WHEN THEY DON'T PRESUMABLY HAVE THE ABILITY TO PAY???? MJ

To: MJ who wrote (6216)	8/3/1999 9:11:00 AM
From: Frederick Smart	Read Replies (2) \| Respond to of 6570

Hello Everyone.... Got my package from Gannon. I got sick reading it. So complete. So slick. A tomb of bankrupt morals are being hoisted on the mast of a Korean pirate ship that wants to sail out into the open seas. Gannon and the rest of Zenith's executive management should be lined up in the White Collar Criminal Hall of fame. The world needs to "get" this story. I've been extremely busy in my own business ventures and applaud the efforts of Bob and others who are carrying this flame. LG is playing a game of "heads I win, tails you lose." The energy behind capitalism is risk. If the game doesn't go YOUR way you can't stiff your shareholders unless you can place the entire enterprise up to public investment scrutiny and let the professionals assess the true value of something. The current Zenith story needs a very open public airing. We are talking about potentially tens of billions in locked up, unrealized value which should not be allowed to leave the accounts of Zenith's public shareholders. The folks at LG are a bunch of pirates, used to having "a lock" on deals which they conduct in secrecy within their country. When it comes to public companies, the game of "Heads I Win, Tails You Lose" can only be successfully played out with the acceptance of corruption in some quarters. Let's be sure to not lose the central point here: With "Heads I Win, Tails You Lose" there is NO RISK. The only way NO RISK situations can be permitted is if people in power to prevent fraud allow others to "get screwed" - i.e. there's a calculated strategy to steal, "take" or destroy someone who rightfully has a claim to something of value. This is like going into a bank to take money AND having someone on the inside higher up in the bank lets the robber take the money "scott free." This is NOT RIGHT, PERIOD!!! Sometimes when you are dealing with evil the ONLY way to make a point is to look the Tiger in the eye and firmly and completely state the truth. It's time we all "look the LG Tiger in the eye" and take this story to the masses. It's very important NOT to cast ourselves as victims. It's important NOT to define or label ourselves in anyway. We must simply, clearing and completely STAND UP FOR THE TRUTH. Thomas Paine did this when he came over to the colonies. He wrote Common Sense, gave it away for FREE, and the rest was history. Common Sense forced every colonial leader to, for the first time, take sides - for or against the King. Common Sense cut right to the bone. Common Sense defined away all fence-sitting rationalizations. For when it comes to dealing with evil there is NO common ground. Right vs. Wrong. Good vs. Evil. Let's let the SEC, the courts and the entire investment world take their pick. LG, you are backed into a corner. The filth, waste, corruption and greed is sitting on my dining room table - a monument to the negative forces of those who plot financial evil and ruin the lives of others. What a total mess!! Gannon and his crew should be sent to the White Collar gallows. They should be paraded through Wall Street as an example of corruption which should not be allowed to go unchecked. What RISK is Gannon taking? ZERO! What RISK is LG taking? ZERO! What moral right do they have to force this bankruptcy move? ZERO! Zenith has GREAT underlying value. This value WILL be realized. It's time to call Rush, the SEC and all the leaders in the financial media who care about truth and justice, who care about our financial future, who want to protect ALL the other public shareholders in this great country of ours from being pirated the same way going forward. Zenith's case is the equivalent of the FDIC's $100,000 deposit guarantee. Once the ceiling was lifted to $100,000, those on the inside of our savings and loans knew it was "open season." Our entire banking system became a "Heads I Win, Tails You Lose" fiasco. For when there is NO RISK, there is NO DISCIPLINE. When there is NO RISK, there is no morality. When there is NO RISK, there is are no rules. The entire future of our great, open, financial markets could hinge on this case. The future security of ALL the public shareholders in our great nation will hinge on this case. To all those who, by design, may want to follow LG's immoral lead, Zenith's forced bankruptcy will be like a financial BIG BANG. All anyone would have to do is line up ONE majority investor, extend loans for a period of time, cook the books, buy the complicity of insiders and STEAL the rest of the shareholders BLIND. The halls of the SEC and our great justice system and the awareness of the masses of public investors are the only things that can stand between "us" and LG's ability to get away with this FRAUD. That's my 2 cents. I'm looking you right in the eye LG. The entire USA will be looking at you right in the eye. In honor of Thomas Paine, this all must makes Common Sense. GO!!