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 (122)	6/13/1997 11:09:00 AM
From: David Kuspa	of 338

Robertson, Stephens & Company initiates coverage of FM with a buy rating. "Barish (their analyst) believes the company's positioning at the high-end of the quick service restaurant industry fits well with the thesis that the customer continues to demand higher quality/larger quantity products and is willing to pay more for those products." Arnie, the elevator won't be stopping long at the 16th floor. FM has made the target price of $15 I set for it 2 years ago and reiterated when I started this thread in September 1996. I thought it would take a while longer to reach this level, but the news only seems to get better and better, so now I'm expecting $20 within the next 6-12 months. read the full release at: biz.yahoo.com D. Kuspa

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