Gentex (GNTX) Message Board

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Non-Tech : Gentex (GNTX)

GNTX 24.42

+1.0%

Feb 11 3:59 PM EST

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To: nick stalin who wrote (39)	4/8/1997 1:35:00 PM
From: Bill Marble	of 196

Helloooo! Anybody here? [A tumbleweed rolls by. A lone coyote howls in the distance. This isn't a discussion thread, it's a ghost town!] Kidding aside. Gentex is showing some signs of life. There was another contract announcement with Audi to supply exterior mirrors for a model they are already supplying interior mirrors for. The stock is currently at $21. I bought some shares at $18 1/2 for my wife, and my sister-in-law and her husband bought a couple of days later at $18 (lucky). I like this company a lot and intend to hold these shares for several years at least. Enjoyed the annual report we got recently also I am interested in comments regarding earnings being downgraded. I check estimates on-line using Zacks and/or Stocksmart and I dont' think I've seen the estimate for 1997 ($0.95) change since I've been following the stock (since last fall). Any details you could provide would be helpful. Estimate for the 1st quarter is $0.22 - anybody know when they are scheduled to release? My reasons for liking the stock and holding long term: 1 - Mirrors starting to show up in less expensive cars. It's only a matter of time before they end up in big sellers like Honda Accords or Ford Tauruses. 2 - More interest will be generated as it is perceived more as a safety device rather than a luxury option. 3 - I think these mirrors are really cool and I wish I could have one in my car. [Unrelated and not to be taken too seriously ;-) ] I'm thinking perhaps of using SI as a contrary indicator. If you can find companies that are sound financially and are growing at a good clip, AND the company has a dull SI discussion thread then it rates a "buy." On the other hand, if you find a company with equally stong fundamentals and an SI thread where 10+ messages are posted per day with plenty of flames and criticism directed at company management and other posters, or perhaps incoherent boasts about how the stock will be 50 or 100% higher in a matter of months - stay the hell away. Case in point: EMC Corporation has a thread that is only moderately busy where people discuss news announcements and future trends in data storage in a very thorough and uninteresting fashion. While the market dropped almost 10% and tech stocks were hurt even worse, EMC gained 10%. Coincidence? The new SI Contrary Indicator says no. And based on the SICI, Gentex should do extremely well. WEM

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