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

To: ayn rand who wrote (4593)	3/11/1998 5:56:00 PM
From: George Mc Geary	Respond to of 6570

Wednesday March 4, 11:00 am Eastern Time Company Press Release SOURCE: Zenith Electronics Corporation Lynch Joins Zenith as Sourcing VP GLENVIEW, Ill., March 4 /PRNewswire/ -- Zenith Electronics Corporation (NYSE: ZE - news) has named Kevin J. Lynch vice president of sourcing. Lynch will oversee Zenith's entire sourcing organization, focusing on supplier quality, cost and delivery, according to President and CEO Jeffrey P. Gannon. ''Sourcing has a huge bottom-line impact, and Kevin brings to the Zenith team a wealth of experience that will play an important role in our turnaround efforts,'' Gannon said. Lynch, 47, joined Zenith from General Electric Company (NYSE:GE - news; GE) where he held a variety of international sourcing management positions. Most recently, Lynch served as global sourcing manager, responsible for bringing a strategic approach to sourcing for more than $1 billion in purchases. Previously, he was based in Hungary, focusing on sourcing from Eastern Europe, and in Asia, developing and implementing a sourcing strategy for a joint venture in China. Earlier in his GE career, Lynch served as senior counsel for GE appliances in Louisville, Ky., and associate counsel for GE Capital-Puritan Life. Prior to that, he was a trial attorney for the Antitrust Division of the U.S. Department of Justice. Lynch received a master's degree from the London School of Economics. He also earned a law degree from Boston College Law School and a bachelor's degree from Harvard University. Zenith Electronics Corporation, based in Glenview, Ill., is a leading developer, manufacturer and marketer of electronic entertainment products. Visit Zenith's website at zenith.com. Source: biz.yahoo.com This can not be the reason this thing is taking off, can it? Who is buying them out?