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Non-Tech : Gentex (GNTX)
GNTX 23.69+1.7%Jan 2 3:59 PM EST

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To: Turs who wrote (127)8/18/1998 3:04:00 AM
From: Afilarguros  Read Replies (1) of 196
 
What about a recession?
I'm new to this board, and am very interested in Gentex, but I have a few questions. I understand how the company can keep growing as it's mirrors become available on more models and it penetrates into mid-priced cars and gains a larger foothold in the auto industry. But what happens when the auto industry slows? Since auto stocks are cyclical, what will happen to Gentex when the cycle heads down? Especially since during recessions fewer high priced cars are purchased, and most of Gentex mirrors are on the luxury models.
Any thoughts?
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