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

To: Len Hannegan who wrote (4199)	1/25/1998 10:20:00 PM
From: Robert Utne	Read Replies (2) \| Respond to of 6570

Len, VSB was developed and patented by Zenith and AT&T. Broadcasters will have to pay Zenith a royalty for their VSB broadcasting/transmission equipment and manufacturers of DTVs, PCs and STBs will have to pay Zenith a royalty fee on EVERY box capable of encoding/decoding the VSB trasmissions. Prior to the CES, Zenith had not set up the royalty/licensing fee structures. The FCC has allowed Zenith to set any VSB licensing fee it wants. $50 per box (similar to what MSFT charges PC manufaturer to license MSFT OS) seems like a fair price to me.... To confirm this, suggest you check with Kevin Brindley, Asst. Treasurer and Director of Investor Relations (847-391-7713). Kevin is a great Zenith asset.