Erhard
THEY'RE HO'T...THEY'RE AFFORDABLE
AND...AVAILABLE NOW!
'97 BMW 318ti
Pots And Kettles
And Military Stockpiles
.• ,
'97 BMW 328ia
PINCHAS LANDAU SPECIAL TO THE JEWISH NEWS
he Israeli government is un-
derstandably unhappy
about the declared intention
of South Africa to sell
weapons systems to Syria. Israel
is exerting whatever direct and
indirect pressure it can muster in
a diplomatic effort to dissuade
Nelson Mandela from going
ahead with this sale.
On realpolitik grounds, it
makes perfectly good sense for
Israel to do whatever it can to pre-
vent Syria, or any other neigh-
boring country, from obtaining the
latest arms and military equip-
ment. On practical terms, it's
worth highlighting issues such as
whether Syria can and will pay
for what it buys - it certainly
owes the Russians plenty for its
Soviet stockpile.
But if the issue is presented in
'97 BMW 528ia
/
TH E D E TRO
80
4065 Maple
Just E. of Telegraph
Bloomfield Hills
LEADING ISRAELI STOCKS
TRADED ON U.S. EXCHANGES
//
042-0505
Michigan's Largest and Most
Experienced BMW Dealer
Family Owned and Operated Since 1964
the context of morality, Israel un-
fortunately doesn't have a leg to
stand on.
Nobody knows the full extent
of Israeli military exports; the fig-
ures are covered up within the
overall data for Israeli exports, so
that any numbers bandied about
are estimates at best, guesses at
worst.
But the totals are certainly sig-
nificant at a macroeconomic lev-
el as well as to the key firms
involved - Israel Aircraft Indus-
tries, Israel Military Industries
and Rafael in the government sec-
tor, Tadiran, Elbit and others in
the private sector.
The reality Israel's diplomatic
isolation and the economies of
scale that govern the research-in-
tensive and very costly weapons
industry meant that sales were
OPEN
SATURDAY
SALES
10 A.M.-4 P.M.
SERVICE/PARTS/SALES
Mon. & Thurs.1 9 p.m.
*36 month closed end lease subject to approved credit with BMWFS. $2500 non-refundable down payment required. Title, license and use tax addi-
tional. A security deposit of $300.00 FOR 318th $450.00 for 328ia, $600.00 for 528ia. 10,000 miles per year limit, 15 cents per mile over limit. Option
to purchase at lease end of $15,283.80 for 318ti, $23,360.70 for 328ia, $28,136.65 for 528ia.. Total payments equal to ad price + 6% x 36. Vehicle sub-
ject to availability and may need to be ordered. Scheduled Maintenance provided by BMW of North America for a period of 36 months or 36,000 miles.
Offer ends April 30, 1997.
April 11
Change
Symbol
Name
Exchange
Feb. 28
SCIXF
Scitex
NASDAQ
9.43
7.25
ECILF
ECI Telecom
NASDAQ
'23.75
'21.00
TEVIY
Teva Pharm
NASDAQ
'61.91
'54.13
-7.79
IEC
PEC Israel
NYSE
'20.12
'18.62
-1.50
ELBTF
Elbit Computers
NASDAQ
2.37
2.13
ELT
Elscint LTD
NYSE
8.61
7.33
-1.29
ELRNF
Elron Electronics
NASDAQ
'12.84
'12.84
'0.00
TAD
Tadiran
NYSE
'27.61
'24.50
CMVT
Comverse
NASDAQ
'43.61
'39.33
ISL
First Israel Fund NYSE
'13.50
'13.13
-'2.18
Source: Allen Olender, Prudential Securities,
West Bloomfield.