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

To: Robert Utne who wrote (6412)	11/3/1999 11:30:00 AM
From: JERRY GACH	Read Replies (1) \| Respond to of 6570

What does that mean? Did the judge just rule negatively?

To: Robert Utne who wrote (6412)	11/3/1999 2:12:00 PM
From: FESHBACH_DISCIPLE	Read Replies (1) \| Respond to of 6570

November 3, 1999 By the way how much did the judge care? Been there seen this act before. Dow Jones Newswires Zenith Elec Says Bankruptcy Court To Clear Reorg Plan GLENVIEW, Ill. -- Zenith Electronics Corp. (ZETHQ) said its prepackaged reorganization plan will be approved by the U.S. Bankruptcy Court but will be subject to some technical modifications. In a press release Wednesday, the consumer electronics company said the modifications "apply to releases in favor of third parties," and don't affect any distributions to creditors or other provisions of the plan. Zenith also said it expects to emerge from Chapter 11 shortly. As reported, Zenith's Chapter 11 petition, filed Aug. 23, listed $311 million in assets and $732 million in liabilities. Under the company's plan, reported Sept. 29, all outstanding stock will be canceled, and stockholders, including LG Electronics Inc. - Zenith's majority shareholder and a major creditor in the case - will receive nothing for their existing equity stakes. LGE and its affiliates acquired a controlling interest in Zenith shares in Nov. 1995.

To: Robert Utne who wrote (6412)	11/15/1999 10:43:00 AM
From: Don Johnson	Read Replies (1) \| Respond to of 6570

I see something of a contradiction here. I thought our concern has been with a massive fraud and what this may mean in the future when a company gets controlling interest over another. So then a judge rules perhaps poorly on a reorganization plan and I hear "the end". If there really has been such gross fraud, then it is really the beginning and I know what will happen. Formal charges will be filed, evidence will be presented, and someday I will read of bodies swinging and heads rolling. If not, then that means a different fraud has been perpetrated. I hope that what I have read here has not just been efforts by someone to protect his investment in Zenith. I am an investor, not a gambler. In today's market what an investor loses on any one company is easily made up elsewhere. I am concerned with the truth and someday I will know what it is.