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March 03, 1995 - Image 45

Resource type:
Text
Publication:
The Detroit Jewish News, 1995-03-03

Disclaimer: Computer generated plain text may have errors. Read more about this.

our deadline is tight,
your ,;
, just called,
and your computer just quit.

External Debt
Up 5.2 Percent

WE'RE THE
AUTHORIZED
REPAIR
FACILITY
FOR MORE
THAN 20
MANUFACTURERS.

FAST
TURNAROUND
BY A TEAM
OF OVER 20
CERTIFIED
TECHNICIANS.

Those who have built their
reputation on customer
satisfaction now can trust us
to keep them on line. We have
the latest information and tools
to diagnose computer and
peripheral problems quickly
and efficiently.

Call Monday through Friday 9-5.

1-800-544-2086

300

ext.

14

DATA SYSTEMS NETWORK

A New Network
Is Formed

C O R P O R A T I O N

10

24401 Halsted Road, Farmington Hills, Michigan

Business Network with Israel
(BNI) has created a new forum
to represent the interests of
Massachusetts, California, New
York and New Jersey.
Headed by BNI managing di-
rector Amira Dotan, the forum
will meet monthly to exchange
information concerning joint
U.S.-Israeli ventures.
The new project was initiat-
ed by Harvey Krueger, CEO of
Lehman Brothers in New York.
The Israeli board is headed by
Eli Hurwitz, general manager
of Teva.

Annual
Percentage
Yield
)%

FDIC Insured

First-time customers, bring in this ad to save $5.00
off any repair service. Good until 6-30-95.
(One hour service charge required.)

Ask about CD Alternatives

,

1ta •

CD's can be liquidated in the secondary market subject to
market conditions. Rates subject to availability.

ilia4

Call Now for Appointment

STANLEY HERMAN

Ke?‘ -lierni

(gust= (gin-tiller

25621 Greenfield, Suite 203 • Southfield

Custom Made Suits
From '495

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Benchmade Suits • Custom Made Suits • Custom Made Shirts
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STOCKS TAX-FREE BONDS MUTUAL FUNDS

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X

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A

For a free consultation call
Gerald E. Naftaly or Alan A. Gildenberg
at (313) 851-1001 or (800) 533-1407.

A

PaineWelbber
We invest in relationships.

N
C

Members New York Stock Exchange, In(

Herman Schwartz

L

Senior Vice President - Investments

T
T

Gain Access to
Outstanding
Investment Managers

PaineWebber has the key to finding the right
money manager for individuals and institutions
with portfolios of $100,000 or more.
Find out about PAINEWEBBER ACCESS:
a comprehensive approach to
total portfolio planning and management.

271 MERRILL • BIRMINGHAM, MI 48009 • (810) 646-0535

T

Authorized Agent
(810) 988-0904
(810) 788-6534

32300 Northwestern Hwy., Suite 150 Farmington Hills, MI 48334

L

Member SIM

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4\1

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West Bloomfield, MI 48322

S
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T
(810) 855-2100
G
S
1-800-654-1443
TAX DEFERRED ANNUITIES IRA's MONEY MANAGEMENT

ARNOLD

Automotive Group Ltd.

mazoa

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Just 25 minutes from the Birmingham/Bloomfield area
off of 1-696"



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445-6000

THE DETROIT JEWISH NEW S

Koor Ready
To Be Sold?

Hevrat Ha'ovdim is in ad-
vanced negotiations to sell Koor
Industries to a consortium
headed by the Shamrock
Group, a U.S. investment firm
controlled by the Disney fami-
ly.
Hevrat Ha'Ovdim's holdings
in Koor total 21 percent, as-
suming conversion of all con-
vertible securities and exercise
of options and warrants.
Poalim Capital Markets has
valued Koor at between $1.2
and $1.3 billion.
The Shamrock Group, which
is active mainly in the commu-
nications field, has offered to
buy 21 percent of Koor's shares
and is interested in becoming
a strategic investor in Koor.
Koor's major shareholder is
Bank Hapoalim, which has a
23 percent stake in the compa-
ny.
The Shamrock Group's in-
vestments in Israel mainly in-
clude its control of the Matav
Cable company — which it
owns in partnership with
Dankner Investments and
Poalim Investments.

the Highest FDIC Guaranteed
Rates in the Nation!

Don't panic . . . call DSNC.

Israel's net external debt
jumped 5.2 percent last year to
$19.36 billion as the govern-
ment's net obligations rose $2.2
billion and foreigners increased
their deposits by $1.1 billion in
Israeli banks, the Bank of Is-
rael's supervisor of foreign cur-
rency said.
The government's foreign
debt surged 10.8 percent last
year to $22.62 billion from
$20.41 billion in 1993. The
state borrowed $2.3 billion in
U.S.-guaranteed funds, $1 bil-
lion in Israel Bonds and $200
million from other sources.

Over 2,200 Banks
Surveyed to bring you

45

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