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 (131)	7/9/1997 10:53:00 PM
From: Arnie Doolittle	of 338

David, I'm glad to hear that you're in NXTL. If you think you're happy now, wait two years and you'll be REALLY happy. I agree that ol' FM has lots of life left in it and 20 is a real possibility this year. We should start to see some action as we get closer to the earnings announcement. If the #s are good, we may see 18 soon. Looking out 12-18 months, 30 is not out of the ballpark. To do it, we need a judgment against Vons, continued same store sales growth, and a future positive FM answer to mandated increases in labor costs. Alan, I saw somewhere that the Vons suit started this past Monday. Who knows how long the trial will last. Given that lawyers get paid by the hour, odds are that it will be longer than it should be. Arnie

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