Foodmaker (Jack-in-the-Box Restaurants) Message Board

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Non-Tech : Foodmaker (Jack-in-the-Box Restaurants)

FM 27.19

0.0%

Jan 8 4:00 PM EST

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To: Arnie Doolittle who wrote (314)	3/26/1998 5:50:00 PM
From: David Kuspa	Read Replies (1) of 338

Now we're where ($19+) I said we ought to be a few months ago when FM was stuck in the definitely undervalued $15-16 range. Now that the lawsuit has been settled, a big chunk of debt about to be paid off and a refinancing of another big chunk of debt announced, I'm wondering why we haven't seen any upgrades by analysts. And what about an S&P or Moody's debt upgrade? Am I just missing them, or do they just take time to react? It sure doesn't take a fortune teller to look a couple of months down the road. The picture is even brighter today, so I have to conclude that we're in another trading range that is still lagging even with all the good news. What will it take to pop FM back up over $20 and beyond? D. Kuspa

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