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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject5/3/2001 10:14:08 AM
From: besttrader   of 37746
 
Short Jack! :) -- Jack In The Box (JBX) 24.96 -1.16: Salomon Smth Brny initiates coverage with a NEUTRAL rating and price target of $28 driven by near-term concerns including the possibility that expansion of the concept into the U.S. southeast may be past its "honeymoon period," the high percentage of stores located in the troubled state of California, the chance that new-unit expansion plans may be temporarily reined in at some point, and a cautious outlook for fast feeders in general.
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