Business
•
M1111 1 1111 1 1
1
1 11
IrIM I 1
•
Elron has holdings in the medical
diagnostic imaging, advanced defense
electronics, communication, semicon-
ductor, and machine vision fields. The
group generated revenues of $1.2 bil-
lion last year. Eighty-seven percent of
the company's sales went to exports.
Ask us about global roaming, commercial satellite and
Internet & video telephony conferencing.
Call now for a FREE Consultation.
Africa Israel
Fashion Activities
"1::*1%.
• i&
'
;
. • ••.•••
Otteffitittla4SpeedeSpeeditit.
Speedlink is a proud sponsor of the 1998 JCC Maccabi Games
.111121/
7A'e .7CosAez-
,1/4 t i a • It ari fet
5AFAIRI
erience ClinfoucAs eof
rica as 9-of crealeor if I
'ad 6: c0faizi
7
Cush= Chrthirr
Accommodations in up-market game lodges
with first class, Glatt Kosher meals,
under strict
Custom Made Suits
Rabbinical
supervision.
From $550
Custom Made Shirts
E,_015:11_
EXPLORERS
Detroit's Premiere Custom Clothier Since 1949
• Benchmade Suits
• Custom Alterations
• Custom Made Suits
• Accessories
sloricaleapechlions
Tel 800-92-26-9-5 rax 70-1-1-1-1226
E-Mail globalx@minclspring.com
271 MERRILL • BIRMINGHAM • (248) 646-0535
A
Subsidiary
of North Arncrican Travel, Inc.
GE, DIC Join
In Internet
Is YOUR FINANCIAL I-1 USE IN ORDER? -1
To find out, call
PHASE FOUR
JOEL LEVI, CFP
TRISH WELLMAN, CFP
(248) 559-6980
>
17117 WEST 9 MILE ROAD • SOUTHFIELD, Ml 48075
PHASE FOUR ADVISORY, REGISTERED INVESTMENT ADVISOR
)14
Securities offered through Vestax Securities Corporation, Member NASD & SIPC
1931 Georgetown, Hudson, OH 44236 • (216) 650-1660
Aaron & Ken Laker
Professional Handi-Men
11/14
1997
136
• Siding, Trim & Guffers Cleaned, Refinished or Replaced •
• Roofs Repaired, Flashed or Replaced • New Windows, Glass Replacement, Doors •
• Cement, Asphalt, Sealcoating, Brick & Block Work •
• Painting - Int. or Ext., Drywall, Paneling & Wood Repair •
• Ceramic, Marble, Granite & Vinyl Tile, Carpet •
• All Repairs, Improvements & Odd Jobs, Large or Small •
Residential & Commercial • (800) 906-6095
Jerusalem (RFS) — Africa Israel will
use its newly acquired controlling
share in Gottex to springboard into
other fashion accessory markets, a
company spokeswoman said.
Africa Israel announced that it
bought an 80 percent stake in the
beleaguered beachware company for
an undisclosed sum. Leah Gottlieb,
co-founder of Gottex, which propelled
Israel onto the international fashion
scene before falling $35 million in the
red, will keep the remaining 20 per-
cent and stay on as chief designer.
Several businesspeople, including
Solomon Lew, CEO of Coles-Myers,
one of Australia's largest department-
store conglomerates, has expressed
interest in Gottex.
Gottlieb, who founded Gottex with
her late husband Armin Gottlieb, had
to put up her home as collateral for a
$3 million loan to keep the company
operating.
She had faced a court-mandated
end-of-year deadline to sell a control-
ling interest in Gottex.
Africa Israel, a leading investment
company, is active in land develop-
ment, real estate, construction, hotels,
tourism and insurance.
I
The
Perfect Gift...
A Subscription
To
The
Jewish News
..V
810) 354-6620
Jerusalem (JPFS) — GE Information
Services, a subsidiary of General
Electric, and Discount Investment
Corporation, a subsidiary of the IDB
Holding Group, announced the estab-
lishment of an electronic commerce
joint venture.
The new company, Tradanet
Electronic Commerce Services, will
provide the local market with elec-
tronic commerce technologies and ser-
vices, which allow companies to con-
duct business-to-business transactions
electronically via the Internet.
Several months ago, DIC and
London's Mondex announced plans to
begin distributing electronic smart
cards in early 1998.
❑