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


To: Road Walker who wrote (3572)12/8/1997 1:47:00 PM
From: Robert Utne  Read Replies (3) | Respond to of 6570
 
John, I won't attempt to perform the due dilligence. Suggest you go to Zenith's website at zenith.com for a quick view.

In addition, 1998 should be the first profitable year for Zenith in six years due to:

1. Approximately $1 billion contract with Americast and $200 million with News Corp's Latin America satellite subsidiary for STBs coming on line.

2. Cable-modem contracts with 21st Century Cable and Time Warner's RoadRunner in Canada coming on line.

3. 15" monitor line in Melrose in full production

4. HDTV sales beginning in Spring and SDTV sales in Fall with substantial profit-margins expected.

5. Exclusive early distribution of Divx players sales beginning in Spring.

6. NCTV sales will begin.

7. ZE has "best of breed" partnerships with CUBE, ORCL, CC (Divx), INTC(?) and certainly with LGE. LGE has been extreemly supportive to Zenith's recovery in terms of manpower, management, financial guarantees, cross sales and cross distribution and technology sharing.

1997 has been a major disappointment for ZE. The cable companies and Rbocs delayed implementation of digital system upgrades. According to most reports, the icejam will break soon and Zenith should win additional major contracts.

Hope this helps, Regards, Bob