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


To: dePaul who wrote (3625)12/13/1997 6:26:00 PM
From: Findit  Respond to of 6570
 
Clarence, I have thought about what affect the Korean situation could have on LG/LGE and ZE. Maybe others concern has prompted the price drop of the last couple of weeks. I don't really know. I would love to see some input on this subject.

I wonder if one possibility would be that if finances go totally sour for LG/LGE, they may decide to sell ZE to some 'rich' American company. If this was to happen the price of ZE could move up a lot.

Opinions welcome. It's hard to resist this stock at this price.

Jim



To: dePaul who wrote (3625)12/13/1997 6:27:00 PM
From: Thomas Palakeel  Respond to of 6570
 
Very important question. I am sure everyone on this thread
has been thinking about the possibilities of an LG fall.
Based on what has been reported, LG doesn't seem to be in
too terrible situation compared to other Korean chabols.

My gut feeling is that ZE will not be affected. Instead, I
see greater effort on the part of LG to put up a good smiling
face (!) on the US front. Perhaps, their ZE bet could very
well be the slam dunk that is going to enable them to come out
victorious. If all the products they have announced on ZE
web site are for real, I trust everything will be fine in a
year. But, if they are only products on the drawing board,
then we may all be in trouble, particularly serious would be
my case.
Thomas




To: dePaul who wrote (3625)12/13/1997 6:30:00 PM
From: Robert Utne  Read Replies (2) | Respond to of 6570
 
Korea and LGE need our help.

Zenith investors will recall that it was LGE who stepped in during Zenith's darkest hours and rescued our company. Since then, they've guaranteed many of Zenith's loans, provided management and technical assistance and in many other ways have been an exemplary partner/majority shareholder.

The US, led by Robert Rubin, Secretary of the Department of Treasury, has adopted a 'market strategy' ("those who heed the market's rule will thrive, while those who don't must take their lumps") in dealing with the Korean financial crises.

If Rubin was calling the shots concerning Zenith and Chrysler, to name just two, they'd both have disappeared. Thanks to LGE, Zenith has a very good opportunity of not just surviving but thriving and thanks to the US taxpayer, Chrysler turned around.

Korea has a special politically strategic and economic relationship with the US. Korea offers an excellent checking balance of power in Asia to both China and Japan and uniquely is the only industrial power which buys considerably more from us than we buy from them.

We reached out to help Mexico, another close friend, in its time of need and certainly were instrumental to the rapid recovery of Western Europe with the Marshal Plan.

Rubin, apparently, is putting pressure on the Japanese to refrain from giving Korea needed short-term financing. With Korean 'friends' like Rubin, who needs enemies?

We need to help Korea and LGE in its hour of need, also. Suggest that ZE shareholders send an e-mail to The Honorable Secretary Robert E. Rubin at: dale.servetnick@treas.sprint.com.

Let Rubin know that the US needs to support our Korean friends in their hour of need and point out how LGE stepped in to save Zenith.
-----------------------------------------------------

My read, however, is that LGE will emerge this storm even stronger and better focused. No danger to Zenith but more pressure on every Zenith employee and dealer to achieve for ZE a rapid profitability status.



To: dePaul who wrote (3625)12/15/1997 3:26:00 AM
From: Bobbie Lee  Read Replies (2) | Respond to of 6570
 
Clarence, With the way this stock is moving, it could very well be the "ONE and only". I lost my pants with this dog. I finally gave up and sold for a huge loss at $11. What did this dog give me? I got capital loss and anger! I really believed ZE was ready to reward its stockholders with sales of its HDTV, cable modem, DVD players, and its Inteq tv's. WRONG! I was dead wrong and I paid dearly for ZE. ZE has "Z"ack SHXX for its investors. The Koreans are in serious financial situations and I just don't see how they could and would continue to support ZE financially. Look at the ad's, one can purchase a vcr with remote control for $89. 35" tv's can be bought for $899. Where are they going to make $? How are they going to make $? Does anyone know? At look at IBD will tell you where ZE stand. Its EPS and Relative Strength are all heading down to 1(10 and 3 when i last checked). Good luck to you all. I think only HDTV's can save ZE and that may come in two to three years. Rich Rondo, and Bryan Buck, if you guys still have ZE's, I double wish you the very best. Best Regards,