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 (74)	5/7/1997 7:27:00 PM
From: Arnie Doolittle	of 338

David, I have the press release in my grubby little hand and results are FANTASTIC. Today's last hour of trading wasn't true to pattern. No run up in price, with the only flurry being several block trades at the bid in the last 15 minutes. Clearly traders didn't know what to do so they did nothing. There's solid reason to expect a run up to the old highs, perhaps beyond. 80 new stores in fiscal 1997 is ancient history. Looks like in 1997 that FM will earn a penny per new store opening. Sounds good to me. My prediction: Next year's new stores will be MORE THAN DOUBLE THIS YEAR'S. Mark it down and watch it happen. And earnings will approach a buck in 1998. Hey, for each share I own I'll be able to buy a Jumbo Jack with the earnings. I'm going to be one fat dude! Arnie, dancing in the aisles

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