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Stocks J / Johnson Controls, Inc.


Subject:  Re: start drip now or wait? Date:  1/15/2004  5:19 PM
Author:  gapfan Number:  448 of 498

Although by my style of investing, JCI is pretty high in the channel at present and I have considered selling it, I first got it as a distribution from Hoover Universal in January, 1980. It certainly has had consistent steady growth (Value Line - Growth Persistence = 100) with predicable earnings (V.L. = 95) and has a safety rating of 2, I am looking elsewhere (e.g. GE, JNJ, WM, GIS) for candidates. However, my gain to date with JCI has been 3530% for that 24 years. (Not as good as my 46,994% on Gap, Inc. during the same period, but good none the less.)

With a steady investment program like a drip, it seems to me that it makes far less difference WHEN you buy it than for me, but I do think JNI is an excellent company and I may hold mine for a while longer.

Good luck and good investing, Gapfan
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