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Non-Tech : Foodmaker (Jack-in-the-Box Restaurants)
FM 27.190.0%Jan 8 4:00 PM EST

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To: Alan DeVaney who wrote (138)7/16/1997 8:44:00 PM
From: David Kuspa   of 338
 
During the 2 weeks prior to the last 2 earnings release dates, FM rallied 18% leading up to the 5/7/97 release and 19% before the 2/6/97 release. These are rough percentages after looking at my charts, so please check my results. Also, the last quarterly release on 5/7/97 did not result in a post-earnings report slide, which FM had exhibited in the past. The only real downturn in recent months was a knee-jerk reaction to McDonald's announcing the $0.55 burger promo, and we know how that turned out! It was only a temporary blip in FM's spectacular rise, and the McDonald's threat was proven to be so much hot air, since it turned out to be such a disaster for them. Also, these spring and summer quarters for FM are historically their highest sales volume.

As always, do your own research,
D. Kuspa
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