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

To: Road Walker who wrote (3574)	12/8/1997 5:10:00 PM
From: Keith Fauci	Read Replies (1) \| Respond to of 6570

When and where is the upcoming HDTV convention?

To: Road Walker who wrote (3574)	12/8/1997 6:19:00 PM
From: Robert Utne	Read Replies (1) \| Respond to of 6570

John, Sorry that I forget to mention the real "kicker". Zenith will earn a royalty (est., about $3 to $10 per "box") on every HDTV, SDTV, STB and computer capable of receiving Zenith's patented VSBi transmissions. Let's assume that beginning in 1999, (in the US alone) that 50% of the new computers and 75% of the new TVs and all the STBs will have the necessary chip sets/decoders/encoders to receive the VSBi transmissions and Zenith charges $5 royalty payment per "box". This could well total 20-25 million "boxes" for an additional revenue stream of $100 million or more to Zenith in 1999! In the years 2000 through 2005, the later stage of the transition, there should be even a larger volume of royalties paid to Zenith...