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

To: Robert Utne who wrote (4444)	2/17/1998 4:20:00 AM
From: flickerful	Read Replies (1) \| Respond to of 6570

Friday February 13 3:24 PM EST CDT Unveiling Plastic TV, Japanese Partner Monday LONDON (Reuters) - Cambridge Display Technology said it would unveil the world's first plastic TV display on Monday, a move which could eventually see the demise of the standard television set. The Cambridge, England-based privately held company in which U.S. semiconductor group Intel has a minority stake, said today it would also reveal the identity of a Japanese partner. CDT declined to identify the Japanese company. Industry sources said it was a large Japanese laptop computer screen maker. CDT has developed light-emitting polymer (LEP) technology, which it calls "plastic that glows". CDT hopes this thin, flexible LEP technology will lead to the production of flat panel display screens for use in mobile communications, computers, consumer electronics, and ultimately as an alternative to the cathode ray tube. The company hopes to able to eventually produce TV's as thin as picture frames which can be hung on walls. "CDT and its (unnamed) Japanese partner will unveil the world's first plastic TV display on Monday, and will set aggressive targets for commercializing the technology," it said in a statement. Last November, CDT announced that Intel had taken an undisclosed stake in the company. The sources said this amounted to an equity stake worth $2 million. Investors in CDT include Cambridge University with about 25 percent. A group of investors led by former British cabinet minister Lord Young of Graffham own a slightly bigger stake. Other investors include the rock group Genesis, entrepreneur Herman Hauser and technology guru Esther Dyson, president of Edventure Holdings of New York. CDT has twice promised to announce this stage of the project and its Japanese partner over last six months, but canceled at the last moment. "The announcement which we are to make on February 16 will demonstrate that our technology is very close to commercialization for computer and video display applications," CDT chief executive Danny Chapchal said in a statement. ------------------------------------------------------------------------ Copyright c 1998 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon Questions or Comments

To: Robert Utne who wrote (4444)	2/17/1998 11:09:00 AM
From: Rich Dondo	Respond to of 6570

Bob, he is probably spending time in korea, before he can open up his mouth, even after reviewing Zenith operations..Keep in mind LGE wants total control of Zenith..Just look back at the agreement when LGE took control of Zenith..There were no need for LGE to buy Investors shares think about it, LGE bought Zenith at a cheap price due to weak, Ze management, which soldout Ze shareholder. I think you are going to continue to see puppet management style @ Zenith..Jeff if he is as strong as the press is saying will last no more than 6 months unless he digs in and starts making real annoucements of restructing Zenith in this quarter..He needs to stop the bleeding now..Once he does that and Zenith share price increases, Zenith can throw off a large offerring to dilute LGE to a under 49% ownership..