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Non-Tech : Gentex (GNTX) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Marble who wrote (77)	12/18/1997 1:49:00 PM
From: Bill Marble	Read Replies (1) \| Respond to of 196

Hello? It appears that through the wonders of technology that I am using the Internet and millions of dollars worth of other people's hardware to talk to myself. So be it. Gentex is poised to finally move out of its trading range. All the pieces are in place - good news from the company on earnings, a brokerage upgrade and continued good news on the sales front. Money managers and individuals are shuffling their portfolios and trying to get a handle on what might do well in 1998. Gentex has several things going for it. In a market of 15% growers selling at 30 times earnings, Gentex is fairly valued at 22 times expected and 27 times trailing earnings with sales growth for 1998 estimated at 25-30%. Gentex has little exposure to the current crisis in Asia which is causing headaches for technology companies and the multi-national giants. Gentex does most of their business in North America and Europe. Another thing I like is the focus on safety when discussing the NVS mirrors. Only a year ago, when I read about these mirrors all articles described them as standard equipment or an option for luxury cars. Now they are becomming a safety feature. Who doesn't want a safer car? As people look around for companies to add to their portfolios, Gentex, with its fair valuation, decent size and growing earnings momentum could get a nice December/January boost. If it moves solidly out of the 26 area, we could see a new trading range established in the 27-35 area. As I write this, GNTX is at 26 3/8, has been as high as 26 3/4, on 2.5 times normal volume (as of 1:30pm), and all this on a day when the Dow is off 80 points and the NASDAQ is down 15. Rock and Roll. WEM