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No. of Recommendations: 0
I've been a victim of restructuring in my own company. Boy, did we give the CEO heat; he exercised tons of stock options at $2 per share (the company's stock was at $70), then 3 days later announced the write-off for restructuring. On the news release the company's stock dropped to $33-1/4. That #$%&! Today, one year after that debacle, the stock price is back up to $68 or so.

Anyway, a lesson to be learned is, if the company is fundamentally sound, this "bad news" creates a buying opportunity (which I'm checking out now for JCI). I think I'll continue buying JCI as it's been very good to me the last four years.

And best of all: the DRIP is cheap (minimum $50) and fee-free. Whoopee-doopee!

DFO
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