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Greetings.

Just curious what other's thoughts are on JCI. I bought back in the 50s, so I've got a somewhat decent gain.

At least in 2004 much of JCI's sales where in the automotive arena. Certainly, the automotive industry (mainly SUVs) is hitting a rough patch, but cars still sell, and they still need seats, batteries, etc..

The purchase of York should increase the % of sales coming from non-automotive. Anyone crunch the numbers yet to see approximately how much more York will help diversify JCI?

I think JCI has an excellent track record, a decent dividend, and they claim that in the next 2 years they will experience even more growth (but then, who doesn't). Not sure yet where I'd put the money from a sale, or even if I am going to sell, but this price and the economy has me thinking about getting off the fence.

Thoughts?

Thanks
Mike
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