SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Emerson Radio Corp (MSN) -- Ignore unavailable to you. Want to Upgrade?


To: flyintigress who wrote (3025)11/13/1999 7:16:00 PM
From: Tony Rome  Read Replies (2) | Respond to of 3501
 
TIGRESS AND ALL
Below is the same press release with a somewhat different twist.When I first read it I thought that Daewoo was going to sell the Emerson products,but this release says that
daewoo will manufacture the products for Emerson and it will be up to Emerson to sell them the way I see it .
That alters the ball game somewhat.Here is the article:

DAEWOO WINS CONTRACT WORTH 400 MILLION DOLLARS FROM EMERSON RADIO
Agencia EFE - Saturday, November 13, 1999
Seoul, Nov 13, 1999 (EFE via COMTEX) -- Daewoo, the South Korean electronics company, has signed a 400-million-dollar contract with Emerson Radio Corp. to supply the U.S. firm with television and video equipment over the next three years, the company announced Saturday.
Daewoo, part of the Daewoo industrial conglomerate, will supply Emerson with three million VCRs and two million TVs, which will be distributed in the United States under the Emerson brand.
==========TONY=========