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Non-Tech : JCI--Johnson Controls (NYSE) -- Ignore unavailable to you. Want to Upgrade?


To: kendall harmon who wrote (5)4/12/2000 6:43:00 AM
From: Bob Davis  Respond to of 10
 
Johnson Controls (NYSE:JCI) is one of the first stocks included
in The Napeague Letter's new "Blue Chip Research Summary."

JCI has been on a strong and steady growth trend for the last
five years. Up until about a year ago, the Market was very
attentive to this growth, and was pricing the stock accordingly.
However, during 1999, its market valuation declined even though
its financial results continued to strengthen. As a result, it
currently is significantly undervalued. Recently, there have
been several analyst upgrades and positive news reports, and
its charts are signaling that this situation may shortly
correct itself.

A more complete report on this stock, including charts and
spreadsheets, has been published on The Napeague Letter web
site. A link to this site can be found by clicking on the
Blue Bob Davis at the top of this post.

Bob Davis
The Napeague Letter



To: kendall harmon who wrote (5)9/20/2000 3:27:44 PM
From: The Philosopher  Respond to of 10
 
I think you were a bit ahead of the curve.

I did a review of JCI this past week and decided it had been beaten up enough, for no good reason other than market vagarities.

Since I'm a long-term investor (5 year horizon), I decided it was time to step in. So picked up a chunk today.

Will be interested in watching it over the next few years. I'm looking for a one to two year target of at least 60, and if it goes to 70 I'll consider taking my profits.

Anybody else here long this stock?