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 (72)	5/7/1997 12:30:00 PM
From: Arnie Doolittle	of 338

David, investors/traders apparently have low expectations for today's earnings release. That's good in my book because it provides opportunity for FM to move forward quietly in the weeks after earnings are released. Granted, the short term bears will probably try to push the stock back down short term but the fundos are so strong that all it will do is provide a buying opportunity for folks looking for a chance to climb aboard at a cheap price. Thank you, MCD. Ronald, you scared the pack rats but the savy guys can't be fooled by phony baloney 55 cent Semi-Big Macs. The 3rd qtr. will show Jack's mettle and it will be good. My projection for the 1st qtr? Restaurant sales of $219 million (forget the product sales to franchisees, they're meaningless), 16 cents earnings per share. Arnie

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