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: JERRY GACH who wrote (52)	4/21/1997 10:23:00 AM
From: Arnie Doolittle	of 338

Jerry, I agree that fm's press releases lack punch. I have previously suggested to the company that they spread out their announcements. Currently they dump the whole story into quarterly releases when, in reality, the non-qtrly stuff could be released at different times. What happens is that the wire services pick up the earnings and ignore the really important stuff that bodes well for the future. Separate releases at different times would change that. The upside is that fm's current technique keeps many momentum players (but not all) out of the loop and thus price movements are more orderly than they otherwise might be. Since cream always rises to the top, we can count on fm to reach its fair value in good time. Arnie

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