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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: seminole who wrote (221)10/22/1997 7:31:00 PM
From: Curtis Cerenzie  Read Replies (1) of 338
 
I spoke to the Treasurer today and he stated that the company is comfortable with analyst estimates for the quarter. He also said the company opened 75 stores this year and they are doing very well. In addition, they expect to open another 100 stores next year.
The trial with Vons has been postponed until January or February of next year.

The company has already paid off the additional $50,000,000 they stated they would. That's $94,000,000 paid off in two years.

The only thing I forgot to ask was whether same store sales were continuing their upward trend.

He stated he was not aware of a material reason for the stock to be falling as it has....

Best regards
Curtis
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