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


To: Robert Utne who wrote (3545)12/5/1997 12:22:00 AM
From: Robert Utne  Read Replies (2) | Respond to of 6570
 
CEO and International CES

The International Consumer Electronics Show in Las Vegas, January 8-11, 1998 will offer Zenith with an unparalled opportunity in the company's long history to showcase its leadership in digital TV, cable modems, STBs, Divx and NCTVs.

Media from all of the world will be covering the show and it will be telecasted live by a number of major networks and cable systems including CNBC.

Approximatrely 80,000 CE dealers will be in attendance as well as thousands of investors.

What Zenith needs besides its products is a new ceo to "tell the Z story". Call me sexist but my preference is for a highly articulate female who also has a strong marketing background. A Marketing/Sales VP from P&G or similar would be ideal. Who better than to present the new "Home Theater" offerings of Zenith than an articulate and presentable female? The media would be in a frenzy..

LGE and ZE have the products. What they are lacking are spokespersons whom have real media impact.

Pete Willmott and colleagues need to pull out all the stops to get a new ceo on board prior to the CES. It's absolutely vital to the success of Zenith at this most opportune marketing moment.



To: Robert Utne who wrote (3545)12/5/1997 6:53:00 AM
From: Mark L.  Read Replies (1) | Respond to of 6570
 
"Zenith has been doing virtually nothing to get its story out to Wall Street."

I'm not sure this is a bad idea. Zenith has had several big announcements over the last decade, but none have resulted in profits. Zenith still has substantial credibility. Why squander it? I think it's better to wait for results (at least a trend in the right direction) before beating the drums.

I would expect that most of Zenith's investors are in for the long haul. While the current price may be distressing, if you're right about Zenith's turnaround, you'll be waiting anyway until those results are clear before selling. At that point who'll care what the 12/97 price was? Since Zenith is not in an acquisition mode, I think the stock price is irrelevant to the company.

On the other hand, like you I have a selfish reason for wanting to see the price higher. My reason, however, is that I would like to be short again. But, given some of the stuff that's come out recently, I wouldn't want to do that below the low 20's (unless I detected a change in LGE's support, in which case I'd be happy to be short at the current price).



To: Robert Utne who wrote (3545)12/5/1997 6:28:00 PM
From: james m dickerson  Respond to of 6570
 
LGE and ZE management are not acting in a responsible and prudent manner as far as enhancing shareholder equity - other corporate senior management have been taken to court over similar actions -

31 shareholders have pooled 400,250 shares of ZE stock and are prepared to begin to ask the hard questions - others are joining every day - we are looking for 5 million votes to join the movement -

It is hopefull that LGE and ZE senior management will shortly announce an independent CEO and begin to announce a sound marketing strategy on return to profitability.