Zinn 齐恩合金
- Court documents indicate Zinn broke into an AT&T computer at the North Atlantic Treaty Organization's Maintenance and Supply Headquarters in Burlington, N.C., and an AT&T computer at Robins Air Force Base, Ga.
- "The loan they have extended to Pittston is a high-risk one," Zinn said.
- But Mr. Zinn insisted he wants to move into New York to reverse the decline in profitability at Crazy Eddie, a 36-store chain that operates mainly in the New York metropolitan region.
- Entertainment Marketing and its president, Elias Zinn, had hoped to sell their 1.7 million Crazy Eddie shares, or 5.5% stake, for $7 a share to the Antar group.
- Mr. Zinn says he has already determined a number of weaknesses in Crazy Eddie's operations.
- But they're there as handy weapons for them to use whenever they want to repress," Zinn said.
- Entertainment Marketing and its chairman, Elias Zinn, own about 1.7 million shares, a 5.5% stake.
- Elias Zinn, president of Entertainment Marketing, a distributor of electronic equipment, said the suit seeks to compel the Crazy Eddie board to disclose what steps the once-high-flying electronics retailer is taking to reverse recent losses.
- Not to worry, says Mr. Zinn, who has spent his weekdays dealing with suppliers and potential lenders since taking charge of Crazy Eddie 11 days ago.
- "I want to run Crazy Eddie," Mr. Zinn said.
- Mr. Zinn said he spoke over the phone with Mr. Antar yesterday, and described the conversation as cordial, adding that Mr. Antar would meet with him.
- Excluding both the new write-offs and $6.2 million in what the company referred to as "excess" expenses, Crazy Eddie had a loss of $5.6 million for the latest quarter, said Elias Zinn, president and chief executive officer.
- Mr. Zinn, who was charged in a criminal information, couldn't be reached for comment yesterday.
- Elias Zinn, president of Entertainment Marketing Inc., has acquired an additional 320,000 shares of Crazy Eddie Inc.
- Late yesterday afternoon, in a filing with the Securities and Exchange Commission, Entertainment Marketing and Mr. Zinn said they might buy more Crazy Eddie shares, possibly exceeding the 20% level mentioned as a possibility in earlier filings.
- Zinn was 17 when he broke into computers at AT&T, NATO and the Defense Department.
- Zinn is accused of committing the crimes when he was a juvenile, and could be sent to prison until his 21st birthday in August 1991.
- Mr. Zinn said he would explain courtesy to the chain's sales force.
- The company has been approached about a possible sale of the home-shopping subsidiary, Mr. Zinn said, and an investment banker has been retained to advise the company on a possible transaction.
- Zinn was uncovered in 1987 when AT&T security officials spotted his telephone number and his messages in the computer bulletin board system.
- Dissident shareholders, led by turnaround specialist Victor Palmieri and Houston electronics retailer Elias Zinn, took control of the company in November 1987 and found a huge inventory shortfall.
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