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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: David Kuspa who wrote (193)9/10/1997 7:11:00 PM
From: Arnie Doolittle   of 338
 
David, I still have 1/4 of my original FM position. It's worth what I paid for the full position. I think 25 is a real possibility. When we get the Vons judgment, who knows what will happen. Remember, it's a jury trial and my take is that FM gets the best of that because of the positive public response to the Jack's Back ads. Not only have the ads sold burgers in record amounts but the public has also come to love Jack In The Box again. At least that's the way I see it. Time will tell but there's no doubting the new record close of today.

Lots of folks want to buy NXTL at cheaper prices. That's what leads me to believe that they won't get the chance. The stock closed down today only because of the downdraft the last half hour. On a quieter market day it would have held. In fact, with the market down over 70 points most of the day, NXTL held steady. Look for it to bounce back tomorrow unless we see a market meltdown. NXTL wants to go higher. Big time. Show me the volume and I'll show you a higher price. Be careful unless you don't mind missing the opportunity.

Arnie
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