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

To: Robert Utne who wrote (3495)	11/29/1997 12:14:00 AM
From: Robert Utne	Respond to of 6570

Introduction of HDTV... Thousands of engineers and others have worked to bring HDTV to fruition. Soon, the fruits of their considerable labor are going to be realized with many Americans being able to view and listen to the finest delivered video and audio productions on this planet. The question arises: How will HDTV be first introduced to the American public? First choice would have been the Winter Olympics to be held in Nagano, Japan, February 7-22, 1998. Sports is the key differentiator between HDTV (VSB 1080 interlaced) and any competing video standard and where better venue to showcase HDTV than the Olympics? Unfortunately, for a variety of reasons, next year's Winter Olympics will not be an HDTV intro happening. Second choice is the very possible pay-per-view Heavyweight Championship fight between Holyfield and Lenox Lewis. If anyone connected is interested, I'd be happy to go down the road to Deerfield Beach and check it out with Don King. Third choice is HBO's "From the Earth to the Moon" miniseries to be introduced next spring. This is the Tom Hanks/Sally Field/Ron Howard production which is setting back HBO a cool $60 million (by far, the most expensive HBO production, to date). HBO has about 35 million subscribers and is always looking out to be the hot "buzz" of the industry. Getting a man to the moon appears a much easier goal to accomplish than bringing high-quality visual and audio productions to the American TV viewer. It's a natural tie in and could have as much consumer impact as the infamous Macintosh/Superbowl commercial of 1983. HBO has ample HDTV content. DBS companies easily can upgrade to deliver HDTV to anyone in the US. The question is: How quickly is Zenith able to deliver a high volume of HDTV units?

To: Robert Utne who wrote (3495)	11/29/1997 2:00:00 PM
From: Dennis W	Read Replies (3) \| Respond to of 6570

I just finished the Business Week article "The Best and Worst Boards." I agree with you, Bob, that Zenith needs someone on the board who owns a substantial number of Zenith shares and is active, critical and independent. In my view, that person is likely to be most passionate and work the hardest for the best interest of all shareholders. And if that person is someone who acquired shares with his or her own hard-earned money, so much the better. I'd like to see all board members own a substantial number of shares purchased with their own money. Sure would like to read some reports about heavy insider buying at Zenith. I wouldn't be interested in buying a house from a real estate agent who doesn't believe in owning real estate. And I wouldn't be interested in buying stock from a stockbroker who doesn't own stock in any company. It would be exhilarating to hear a statement from the new CEO affirming a powerful and passionate commitment to enhance shareholder value. Patient Zenith investors who have held on over the years have lost out on a large part of the current bull market. Lost opportunity costs can be very expensive indeed. It seems to me that a high share price would be in LGE's best interest. LGE might be able to sell off a small portion of their holdings to recoup some of their investment. And a strong and rising stock price might enable the company to issue new shares to provide capital for expansion, acquisitions, R & D, advertising and debt reduction. Seems logical to me.

To: Robert Utne who wrote (3495)	12/2/1997 12:59:00 AM
From: Robert Utne	Respond to of 6570

Board of Directors..continued Please, reread: businessweek.com To date, 23 Zenith investors, representing over 330,000 shares of ZE, have asked that I serve on Zenith's Board of Directors. Zenith, however, has ignored Jim Dickerson's request for me to be included on the ballot. I believe that I can add considerable value to the board, am able to best represent all shareholders' interests and fit the other mentioned criteria suggested by BusinessWeek, to a tee. How many other Zenith board members can say the same? Zenith, please respond, one way or another, to Jim Dickerson's requests. Thank you.