Gentex (GNTX) Message Board

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Non-Tech : Gentex (GNTX)

GNTX 24.12

-1.5%

Feb 6 9:30 AM EST

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To: Alan Slife who wrote (55)	5/24/1997 3:16:00 PM
From: Robert Henry	of 196

Alan, I know what you're saying. I've been a shareholder for two years and would love for there to be greater awareness of the product. Whenever I go to a dealership, I ask about auto dimming mirrors. It seems like half the sales people I've talked to aren't even aware of them. I remember telling my father about the company a couple of years ago when I was buying. He listened but didn't buy. A few weeks later, he took a trip to Napa and rented a car that had a Gentex mirror. He called me that evening for the info so he could buy the following Monday. I'm happy w/the growth of this company. It looks like they can sustain these rates for a long time. I think the management has done an excellent job. The margins are excellent. The balance sheet is great. Although it would be great to see 50% - 100% year-over-year. I'm more than satisfied w/long term growth of 20% - 30% year-over-year. For whatever reasons, Gentex appears to have earmarked their cash for R&D, buildings and equipment, stock repurchase and war chest rather than advertising. It's a plan that's worked, and I expect it will continue. Good investing, Robert

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