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: seminole who wrote (159)	8/5/1997 2:42:00 PM
From: David Kuspa	of 338

Richard, I would be worried about stocks that have PE's of 30 or more. And many of the market leaders and momentum-driven stocks in favor are getting too pricey for me also. But I think that any solid company which still trades at a discount to its peers in the high teens or low 20's will fare well in a market downturn. FM has continued to chug along and has a great expansion plan in place. Why not just put a stop order in to protect you from a market downturn? I feel much better today about holding FM as it moves into the low $20s. D. Kuspa

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