TACH - AUTOMOTIVE STOCK INDEX

May 23, 1997

By Gerald Levinson CMA

Top 10 Losers

WARNING - THESE LISTINGS ARE FOR YOUR INFORMATION ONLY. AND ARE NOT INTENDED FOR SOLICITATION. ACCURACY IS NOT GUARANTEED NOR SHOULD THEY BE USED FOR INVESTMENT PURPOSES WITHOUT THE THE HELP OF A LICENSED STOCK BROKER. FURTHERMORE TACH TAKES NO RESPONSIBILITY FOR FINANCIAL LOSSES BASED ON THE USE OF THESE LISTS.

                             TACH - AUTOMOTIVE STOCK INDEX
                                    MAY 23,1997

----------------------------------------------------------------------------
                             CLOSING PRICES   PERCENT               PERCENT
                               THIS   LAST     CHANGE          PE    CHANGE
        N A M E                WEEK   WEEK       WEEK    EPS RATIO  YTD '96
----------------------------------------------------------------------------

HOWELL INDUSTRIES INC.     35.75  40.00    -10.63%  0.00 35.10    36.80% HOW
R&B INC.                    7.63   8.00     -4.69%  0.82 11.00    23.10% RBIN
LEAR CORP.                 37.00  38.13     -2.95%  3.05 14.80     8.90% LEA
CALI REALTY CORP.          29.00  29.88     -2.93%  N/A  19.20    29.20% CLI
COACHMEN INDUSTRIES INC.   17.38  17.88     -2.80%  2.12 11.90     5.20% COA
INTERMET CORP.             14.00  14.38     -2.61%  1.65  8.10   -17.80% INMT
SAFETY COMPONENTS INTERNA  10.73  11.00     -2.41%  1.09 12.00   -23.50% ABAG
HONDA MOTOR CO.            61.13  62.63     -2.40%  3.57  18.4    36.90% HMC
SPX CORP.                  60.75  61.75     -1.62%  2.56   N/A   158.60% SPW
AIRSENSORS INC.             7.88   8.00     -1.56%  0.42 11.40   -28.10% ARSN