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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 (231)10/29/1997 1:24:00 PM
From: David Kuspa   of 338
 
Spoke to Darla in the Foodmaker Treasury Dept. today and expressed my concern about the recent pullback in FM. She says there is no news, and it is business as usual. Earnings slated for release at close of market Tuesday, Nov. 4.

In the days leading up to the past 3 earnings release dates, FM has rallied or held steady. Still, there are 4 more trading days before the quarterly figures are released, so I'm hoping that FM will recover from todays intraday low of $15 3/4. My only concern is that analysts may have been "guided" to a less than stellar quarter, because FM started to slide well before the overall market selloff.

Nervous short term, but still confident longer-term.

D. Kuspa
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