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April 17, 1998 - Image 124

Resource type:
Text
Publication:
The Detroit Jewish News, 1998-04-17

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

LEXUS SPRING FEVER!

'98 LEXUS
LS 400

'6 Wo



39 MONTHS

"0" Cap Reduction

Lao
Cole"
$501g"

*39 mo. closed end lease based upon approved credit through
LFS. Total due at inception $2025.
Good through April 25, 1998.

•Front & Side Airbags
•Leather w/Memory
•VSC (variable skid control)
•290 HP
•Power Moonroof
•3-Way Programmable
Transmitter
•Heated Seats

NOW AVAILABLE FOR DELIVERY:
1 1998 LX 470
2 1999 RX 300's

(4t...Eycu

FREE PICK UP
& DELIVERY

"WE DELIVER ANYWHERE"

Call 1-800-LEXUS-4U

www.lexusoflansing.com

FREE LEXUS
LOANER

(539 8748)

-

5701 S. PENNSYLVANIA, LANSING

Exit 104 Cedar St. off 1-96, 3 Blks N. on Penn

Our CD'S
Don't play
Music,

5.35

One Year Certificate

4/17
1998

124

A.P.Y.*

,

•111.

EL ASSI TARsm



BANK

Member F.D.I.C.

Business

ISRAEIS NEW FLAVORS from page 122

competition will also be tight. Known
for its 31 flavors, Baskin-Robbins
prides itself on a bank of 600 premi-
um flavors, which includes taste sensa-
tions such as Green Tea in Southeast
Asia and the number one worldwide
favorite, Pralines and Cream. Ben &
Jerry's has 35 flavors, and Haagen-
Dazs offers 42. Only Ben & Jerry's,
with its local manufacturing plant,
makes flavors specifically for the Israeli
market. A popular favorite here is
Pesek Zman, a vanilla-based ice cream
with pieces of Pesek Zman chocolate
bar. Ben & Jerry's also produces spe-
cial flavors, such as Milk and Honey
during Rosh Hashanah and Matza
Crunch at Passover.
Esses's partners in Baskin-Robbins
will probably be the same investors
from the Dunkin' Donuts franchise,
Hillel Weinberger, Phil Rosen, Barry
Eisenberg and Hillel Frishman, who
owns 10 Dunkin' Donuts outlets in
the United States.
"A franchise is only as good as the
parent company," says Esses, com-
menting that Allied Domecq does a
good job in some areas and is weaker
in others.
Esses is negotiating with another
American food franchise, not associat-
ed with Allied Domecq, for entry into
the Israeli market. El

TAI Seeks
Banks Accord

Jerusalem RFS) — Israel Aircraft
Industries Ltd. is seeking a new accord
with its creditor banks that would
allow the government company to free
up some of its $400 million in
deposits to resolve its short-term debts
and pay suppliers.
The accord is one of the company's
chief goals for 1998 as it seeks to
increase its profits and sales, a senior
executive said.
Despite a profit of $30 million in
1997, IAI was plagued by cash-flow
problems and twice had to seek gov-
ernment help to ensure that suppliers
would be paid.
Executives said the problem stems
from an arrangement IAI has with its
creditor banks that lock the revenues
of each project into a separate
account. As a result, funds acquired
from one project cannot be used for
anything else.
Executives said IAI has close to $400
million in bank accounts that are essen-
tially frozen. "This is a situation that
must change," an executive said.

.

but could
be Music
to your Ears

248-338-7700 or 248-352-7700
2600 Telegraph Rd. • Bloomfield Hills •

MI

48302

This is a Federal Deposit Insurance Corporation insured account (FDIC). A minimum opening
deposit and balance of $500.00 is required to obtain the stated Annual Percentage Yield.

"Annual percentage yield when compounded quarterly. Rate is accurate as of
4/17/98. Penalty for early withdrawal from certificate accounts may be assessed.

4.1

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