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Non-Tech : Gentex (GNTX)
GNTX 23.94+0.7%11:52 AM EST

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To: prolific who wrote (89)1/26/1998 2:05:00 PM
From: Bill Marble  Read Replies (1) of 196
 
Very pleased with the numbers. Has anyone else noticed that the estimates for 1998 are $1.15 at this point - an increase of only 17%? Meanwhile, GNTX is expecting shipments to increase 25-30%. Since margins are rising and should continue to (higher yields + higher capacity utilization), income for 1998 should increase by MORE than sales growth. If sales grow by 25% and earnings by 30%, estimates for next year should be around $1.27.

I hope to see some upgrades soon with 12 month targets in the mid to high 30's.

Just my .02

WEM
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