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

To: Terry Berg who wrote (4149)	1/22/1998 7:29:00 PM
From: Robert Utne	Read Replies (2) \| Respond to of 6570

Zenith isn't simply a TV manufacturer. In a September 15, 1997 news report by Consumer Electronics, we learned that Zenith will be delivering IRDs for News Corp's Sky Latin America and STBs for four of the Americast members, both beginning in the second quarter 1998. The CE article (condensed): "Zenithÿ Electronicsÿ hasÿ signedÿ agreementÿ toÿ buildÿ IRDsÿ forÿ Newsÿ Corp.'sÿ Skyÿ Latinÿ America,ÿ breakingÿ intoÿ satelliteÿ businessÿ forÿ firstÿ time.ÿ Underÿ agreement,ÿ Zenithÿ willÿ buildÿ singleÿ DVB-compliantÿ IRDÿ containingÿ MPEG-2ÿ videoÿ dataÿ compressionÿ withÿ deliveriesÿ toÿ startÿ byÿ earlyÿ 2ndÿ quarterÿ 1998.ÿ Boxÿ willÿ containÿ 2,400-baudÿ modem,ÿ althoughÿ designÿ allowsÿ forÿ additionÿ ofÿ connectors,ÿ fasterÿ modemsÿ andÿ largerÿ memory,ÿ Zenithÿ Networkÿ Systemsÿ Pres. Williamÿ Luehrsÿ said.ÿ Set-topÿ boxÿ willÿ beÿ co-marketedÿ withÿ LGÿ Electronics... ÿ Onÿ Americastÿ front,ÿ Zenithÿ willÿ startÿ productionÿ ofÿ digitalÿ wirelessÿ MMDSÿ boxÿ forÿ BellSouthÿ inÿ 4thÿ quarter (1997),ÿ withÿ wiredÿ versionÿ dueÿ forÿ Ameritech,ÿ GTEÿ andÿ SBCÿ inÿ spring,ÿ Luehrsÿ said.ÿ BellSouthÿ isÿ expectedÿ toÿ testÿ productÿ inÿ Atlanta.ÿ Volumeÿ productionÿ hadÿ beenÿ slatedÿ forÿ 2ndÿ quarter...ÿ Luehrsÿ saidÿ partnersÿ remainÿ "dedicatedÿ toÿ conceptÿ ofÿ rollingÿ outÿ digitalÿ videoÿ services."ÿ Zenithÿ hasÿ 5-year,ÿ $1-billion,ÿ contractÿ withÿ Americastÿ toÿ buildÿ 3ÿ millionÿ digitalÿ set-topÿ boxesÿ atÿ Mexicanÿ plant.ÿ "Weÿ haveÿ theÿflexibilityÿ toÿ useÿ eitherÿ dedicatedÿ linesÿ [forÿ Americastÿ andÿ Skyÿ products]ÿ orÿ mixÿ andÿ matchÿ themÿ onÿ aÿ singleÿ line,"ÿ Luehrsÿ said." ------------------------------------------------------------- When can we expect further news? Taylor needs to hit the road and an effective Public Affairs VP be brought in to better communicate Zenith's story.