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

To: flickerful who wrote (4430)	2/15/1998 2:41:00 PM
From: Terry Berg	Read Replies (2) \| Respond to of 6570

B.D.'s observation could be right on , but I also feel it will................ be tempered by positives released around the earnings and whatever goes with it. These two new guys did not climb on board on just maybes or what ifs. Maybe I am just getting a little tired of a lot of nothing and hoping for the best. One thing we have going is if the market turns down , I believe ZE will be looked at as a good play if they can just give some positives to get investors confidence. Turnarounds are more likely to get attention once the high flyers get zapped.

To: flickerful who wrote (4430)	2/15/1998 3:32:00 PM
From: Robert Utne	Read Replies (1) \| Respond to of 6570

Zenith's Annual Meeting, probably, will be the site of any announcements regarding major restructuring and new corporate strategies determined by Chairman Lee, CEO Gannon and CFO Dangremond. Options include: 1. Follow the game plan of predecessors: no clear focus and patchwork attempt to cover all CE and TV network system markets. 2. Radical restructuring to focus on high-margin products which have a potentially high/sustainable demand and eliminate all product lines which Zenith has no opportunity of leading. Sell off Melrose plant, shed all headquarters staff but essential execs and engineers, move Glenview headquarters to San Antonio, etc., etc.. 3. Subordinate Zenith's strategy and priorities to those of LGE. "What's good for General Motors...." The first indication of Zenith's new management style could be the upcoming introduction (March) of Divx and the first HDTV overhead model. If introduced in a timid, go-slow manner, we're, most likely, looking at just more of the same.