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

To: Simprofié who wrote (6424)	11/5/1999 1:59:00 AM
From: MJ	Read Replies (1) \| Respond to of 6570

Robert Utne is right. The LGE/Zenith debacle is a matter of principal. In discussing this case with a friend, I was reminded of how socialistic our system is becoming. First, our government makes a political decision to use taxpayer dollars to support the likes of LGE and Koo(without your or my permission); and our financial institutions, i.e. Citicorp which thrives on your money and mine support the loans to LGE and Koo. Companies are then taken over either by bankruptcy or some other "legal" method in the American Courts and then our technology that we developed is used to gain profits for the profiteers such as LGE. Also, part of socialism is that the American who doesn't follow such esoteric cases such as this one is oblivious to what is happening----until it is too late. There is no doubt that Zenith is a precedent setting case in setting the stage for other such takeovers. Thanks Robert Utne for your work. mj