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Strategies & Market Trends : HONG KONG

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To: Tom who wrote (1171)1/23/1998 2:20:00 AM
From: Tom   of 2951
 
JOHNSON ELECTRIC HOLDINGS

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Johnson Electric Holdings designs, manufactures and markets micromotors. The company's main clients are makers of automobile components, home and personal care appliances. The firm's motors are used in products such as automotive climate control and engine management systems, kitchen appliances, hand-held tools, toys, and word processors. Johnson Electric has wholly-owned subsidiaries in Germany, Hong Kong, Thailand, Switzerland and China.

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Johnson Electric (OBB:JELCF, ADR:JELCY) has dropped as low as US$19.25 per ADR on five occasions in the past nine months. The market has not permitted it to rest there for long.

1 ADR = 10 Shares
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