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


To: pennyO who wrote (4514)3/3/1998 9:48:00 AM
From: pennyO  Read Replies (1) | Respond to of 6570
 
My e-mail to Squawk Box [squawk@cnbc.com] --More, please!

>HDTV rollout is --finally!-- happening in 1998.
>But I hear precious little about it on CNBC.
>Isn't right now the time to take positions?

>Look at ZE, for example, crawling along at $6 or $7,
>and look at the spike it did from $6 to $26 in May of '96.
>Wasn't that when Congress approved the Zenith-invented VSB
>(Vestigial Side Band) technology for transmitting digital TV?

>Now HDTV is really coming, ZE has a new CEO and CFO
>(Gannon and Dangremond, both turnaround specialists),
>contracts with Americast (settop boxes) and Intel (PC add-ons for digital TV);
>they have HDTV-capable sets in production
>and VSB royalties waiting, but the stock is back in the 6-to-7 dollar range.

>Isn't it time you interviewed the CEO on Squawk Box??

>Your faithful viewer

Robert Utne, post #4516, seriously doubted that this would work because

"CEO's only show when they got some big/bullish news to spread, following a press release."

That's probably true of Power Lunch, but on Squawk Box you see all sorts:
scandals, lawsuits, turnarounds, anything newsworthy.

Let's give it a try! Yes?

pennyO