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Non-Tech : Gentex (GNTX)
GNTX 24.49-1.5%2:22 PM EST

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To: Bill Marble who wrote (75)12/16/1997 1:24:00 PM
From: Bill Marble  Read Replies (1) of 196
 
That was quick:

NEW YORK, Dec 16 (Reuters) - Prudential Securities said it raised its rating on Gentex Corp to buy from hold.

-- No further information was immediately available.

-- Gentex on Monday said its fourth-quarter net income would exceed annalysts' expectations.

-- Gentex was up 1-15/16 to 25-1/8 in midday Tuesday trading.

Prudential customers must love this: the upgrade has lifted the stock higher than it was 3 months ago when Pru downgraded it. Shareholders jumped out at 24 and are back in at 25. Pru getting the commission on both the sell and the buy, of course.

WEM
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