TACH - AUTOMOTIVE STOCK INDEX

August 15, 1997

By Gerald Levinson CMA

Top 10 Losers

WARNING !! - THESE QUOTES ARE FOR YOUR INFORMATION ONLY AND ARE NOT TO BE CONSTRUED AS INVESTMENT ADVICE OR AS A SOLICITATION OF FUNDS. FURTHERMORE THE AUTO CHANNEL DOES NOT TAKE ANY RESPONSIBILITY FOR ANY FINANCIAL LOSSES BASED ON THE USE OF THESE QUOTES.

                          TACH - AUTOMOTIVE STOCK INDEX
                                  AUGUST 15 1997

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                         CLOSING PRICES    PERCENT  PERCENT  PERCENT
                            THIS   LAST     CHANGE   CHANGE   CHANGE          PE
        N A M E             WEEK   WEEK       WEEK   13 WKS   52 WKS  EPS  RATIO
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PEP BOYS -                 27.00  33.94    -20.44%    0.90%    7.00% 1.93 20.10
SPARTAN MOTORS INC.         7.63   9.00    -15.28%   24.50%   31.60% 0.58 63.40
MILLER INDUSTRIES INC.     15.56  18.06    -13.84%   30.40%   54.70% 0.55 52.10
ROYAL DUTCH PETROLEUM CO.  49.25  55.06    -10.56%   14.70%   43.10% 2.53 33.80
UNOCAL CORP.               36.75  40.19     -8.55%   -6.70%   18.20% 2.42   N/A
CHRYSLER CORP.             34.13  37.25     -8.39%   15.80%   26.40% 5.26  8.10
AIRSENSORS INC.             9.63  10.50     -8.33%   49.90%    7.10% 0.50 22.90
ACTION PERFORMANCE COS.    30.13  32.81     -8.19%   22.00%  158.40% 0.87 61.60
MOTORCAR PARTS & ACCESSOR  17.25  18.75     -8.00%   10.90%   62.80% 1.43 17.20
EXXON CORP.                59.00  64.13     -7.99%    7.40%   53.80% 2.88 18.80
BORG-WARNER AUTOMOTIVE IN  51.63  55.88     -7.61%   19.00%   49.80% 4.48 20.90