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: Alan DeVaney who wrote (145)	7/18/1997 12:01:00 AM
From: David Kuspa	of 338

My best case scenario would be FM dropping back to $16.50, at which time I would buy back all of the position I sold at $18. If it drops below $16, I will back up the truck and load up. I've done this sort of thing several times during the past 2 years during FM's ran up from $5, but I'm not usually this lucky to call the top of a trading cycle. Who knows, tomorrow FM may climb back up towards $18, at which point I will throw up my hands and jump back in again. I don't know the status of the lawsuit, but Vons and FM could settle tomorrow on the courthouse steps, in the judge's chambers, over a martini at lunch, whatever. My point is that it is a wild card with relatively little downside potential for FM, except perhaps court costs. D. Kuspa

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