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Non-Tech : Gentex (GNTX)
GNTX 23.45-0.1%Dec 29 3:59 PM EST
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To: Turs who wrote (152)11/4/1998 8:39:00 AM
From: Turs  Read Replies (1) of 196
 
October auto sales were gangbuster despite the threat of a slower economy and a weak stock market. Specifically:
-Chrysler car sales were up 27% year over year (GNTX is on two models there), and Durangos sold well.
-GM's Grand Cherokee were the leader among GM's cars/trucks (we're standard interior and exterior on the Limited and also are an option on the Laredo)
-Lexus was led by the RX300 sport utility vehicle, where GNTX is on 90% of the vehicles
-BMW did well, led by the 3 series, which we are an option on.

With the stock market coming back and rebates continuing, have to believe that the December quarter has upside.

Turs
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