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

To: Ted Downs who wrote (3727)12/23/1997 2:18:00 PM
From: Findit  Read Replies (1) | Respond to of 6570
 
Ted agree with your comment:

>>I think this would be an advantageous opportunity for someone and a chance for LG to save some of their investment unless they have very deep pockets. My bet is they dump ZE because they don't need anymore debt at this time.<<

I brought this up a week ago and no one replied.

Jim



To: Ted Downs who wrote (3727)12/23/1997 2:39:00 PM
From: Scott Lerner  Read Replies (1) | Respond to of 6570
 
I do not think that LG dumps ZE, they have too much invested in HDTV development and they are too close to the payoff. Two sources confirmed that LG is one of the least effected of the Korean Chaebols, no steel, autos, or financials as part of the conglomerate. I think we come out ahead in January. The only problem is 10 a share is a 100% return from the current level.

Scott


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