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: David Kuspa who wrote (23)	2/8/1997 5:58:00 PM
From: Arnie Doolittle	of 338

David, FM does have a nice increase in sales but because of the way the wire services show revenues, it looks bad. Anyone who looks at fm's financials sees this immediately. I agree with you that the pattern will be broken this time. 23 cents ain't sliced bread. 80 cents a share is a REAL possibility for the year. Value fm the same as Carl's or Wendy's and we've got a nice move. Actually, David, FM operates on a 52 week year, with the first quarter the only 16 weeker. The current quarter is always the slowest. I like the ta on fm right now and expect a move up from here. Notice the cup and handle pattern that seems to be ending. I'll give you a report on the annual meeting. You bet'cha. Arnie

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