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MEET DAN BARISH
Dan can help you prepare for a secure retirement
with investments in such products as The BEST of
AMERICA® variable annuities.
The BEST of AMERICA allows you to choose
from among 10 of America's top names in money
management, including:
Dan Barish
Vice President
reyfus
The Dreyfus Corporation
Mellon Equity Associates
NATIONWIDE
Fidelity
Investments®
ADVISORY SERVICES, INC.
• Nationwide is on your side
Nationwide Advisory Services, Inc.
Fidelity Management & Reasearch Company
TO Portfolios,
Investors Research Corporation
Dan and his associates at Comerica Securities are available to meet
with you, at your convenience. For more information on The BEST of
AMERICA variable annuities, including charges and expenses, please
obtain a prospectus by calling Dan at (810) 948-2902. Please read it
carefully before you invest or send money.
Before investing, please understand that
annuities are not insured by the FDIC,
NCUSIF, or any other government agency, are not deposits or obligation of, or
guaranteed by Comerica Bank or any of its affiliates, and involve risk, including
possible loss of principal.
NOT FDIC
INSURED
May lose value
No bank guarantee
The BEST of AMERICA variable annuities are underwritten by Nationwide Life
Insurance Company, Columbus, Ohio. Variable annuities are offered by Comerica
Insurance Services, Inc., an insurance agency and subsidiary of Comerica Bank, and are
made available through Comerica Securities, a broker-dealer member NASD/SIPC and
an affiliate of Comerica Bank.
Nationwide® and The BEST of AMERICA® are federal service marks of Nationwide
Mutual Insurance Company. Copyright 1997, Nationwide Life Insurance Company.
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THE JEWIgi-INEWS
LEADING ISRAELI STOCKS
TRADED ON U.S. EXCHANGES
Symbol
SCIXF
ECILF
TEVIY
IEC
ELBTF
ELT
ELRNF
TAD
CMVT
ISL
Name
Scitex
ECI Telecom
Teva Pharm
PEC Israel
Elbit Computers
Elscint LTD
Elron Electronics
Tadiran
Comverse
First Israel Fund
Exchange
NASDAQ
NASDAQ
NASDAQ
NYSE
NASDAQ
NYSE
NASDAQ
NYSE
NASDAQ
NYSE
Feb. 28
'9.43
'23.75
'61.91
'20.12
'2.37
'8.61
'12.84
'27.61
'43.61
'13.50
Source: Allen Olender, Prudential Securities,
West Bloomfield.
Coastal Conflicts
The planned building of 13 marinas
along Israel's coastline is causing both natural
and man-made problems.
JESSICA STEINBERG SPECIAL TO THE JEWISH NEWS
F
or centuries after its con-
quest by the Crusaders, Is-
rael's Mediterranean
coastline was nearly aban-
doned, following the systematic
destruction of its towns and ports
by Muslim armies intent on pre-
venting a renewed European in-
vasion.
Now, dominated by three
bustling ports and linchpinned
by a sprawling urban landscape
that runs almost unabated from
Beirut to Gaza, the coastline is
anything but isolated.
Yet perhaps the final effort to
undo that systematic demolition
effort — the construction of 13
boating marinas between Na-
hariya in the north and Ashkelon
in the south — has yet to be com-
pleted, and makes some wonder
whether Israel's Mediterranean
coastline is not about to come full
circle, by becoming over-devel-
oped.
When God told Abraham that
his descendants would be as nu-
merous as the sands on the
seashore, He must have been re-
ferring to another shore. Israel's
coastline may run the length of
the country, but this strip is erod-
ing at a frighteningly fast pace.
Sand, or the lack of it, has be-
come a source of concern for Is-
rael's environmental community
over the last few years. There's
worry over natural causes, such
as shore erosion and a dimin-
ished flow in the several hundred
thousand cubic meters of sand
that comes to Israel's shores from
the Aswan Dam in Egypt. But
the latest problem is those mari-
nas — some already completed,
others in various stages of con-
struction — involving property
developers, local politicians and
zealous environmentalists.
Indeed, the debate over Israel's
marinas is a classic example of
governmental bureaucracy lock-
ing horns with private business,
of national concerns versus local
municipalities, of environmen-
talists in a tug-of-war with real-
estate developers.
National Plan Number 13 —
created in 1983 by the govern-
ment, 25 regional councils and
several public organizations, such
as the Israel Antiquities Au-
thority and the Geological Insti-
tute — centered, in one of its
aspects, on prepping the coun-
try'sshoreline for an expected in-
flux of tourists. The grand
scheme focused on building mari-
nas with an emphasis on water
sports and activities, based on
similar projects in several Euro-
pean countries.
Planning research showed
that Germans were water skiing
and yachting off the coast of
Greece and the English were sail-
ing in the south of France. Why
not offer them surfing and sun-
bathing off the coast of Haifa in-
stead?
"The plan was to make the
c(