Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Robert Utne who wrote (3879)	1/6/1998 12:48:00 PM
From: CMon	Read Replies (2) \| Respond to of 6570

It may be that Dangemond is what the Zenith business needs but not the stockholders. He arrives when there is clearly a crisis as there is here. He arrived at Forstmann in Aug. of 95 and took effrective action one month later with a bankruptcy declaration. In this case, however, the majority owner LGE may not permit that. By the way, Bob, your debt numbers are off. You should include the value of their sale leasebacks and advances from LGE. I get debt closer to 290. Also, receivables are factored, so don't count them as assets.