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To: Jeffrey S. Mitchell who wrote (1570)12/24/1997 4:29:00 PM
From: Robert F. Newton  Respond to of 4295
 
Re: South Korea - I know how it feels. I own Zenith which is owned by LG (Lucky Goldstar)............. Down about 50%+ this year........

Belive it or not my primary reasons for buying ZE HDTV and LG taking over for the incompetent American management............

Hopefully, things will turn around...... However, I don't believe we've seen the bottom yet.

When I was in Seoul & Pusan in '95 the exchange rate was around 780-790 won per dollar....... Ouch!!!!!!!!!!!!!!!

If not, it'll be a tax writeoff next year....................