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

To: MJ who wrote (6236)	8/16/1999 8:36:00 AM
From: Robert Utne	Respond to of 6570

Zenith's HDTV ad campaign to start in Fourth Quarter 1999? "Randall Dark, president and CEO of HD Vision, a high-definition production and post-production facility in Dallas, said his company shot a high-definition commercial for Zenith Electronics Corp. A Zenith spokesperson said the company has not finalized its ad plans for the fourth quarter." Electronic Media August 16 Note that LG/Zenith doesn't plan to promote Zenith's HDTV products until after bankruptcy court. Sorry LG. This one will be in court for years and years and your reputation on the line day by day. Koo ought to reread "The Art of War". You never attempt to totally decimate your foe.

To: MJ who wrote (6236)	8/16/1999 9:22:00 AM
From: Robert Utne	Read Replies (1) \| Respond to of 6570

$309 Million........ There is nothing in stone about the $309 million figure which LG claims is owed to them by Zenith. In bankruptcy court, each of LG's transactions with Zenith, hopefully, will be closely examined to determine the "fairness" of the value of the transaction. For example, did Zenith receive "fair" compensation from LG for turning over all its international distribution rights? There are literally hundreds of similar type of cross transactions requiring independent valuation. The bottom line is that LG may owe more to Zenith than the other way around. Let the judge decide.