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: Chris Nevil who wrote (234)	11/3/1997 2:49:00 PM
From: Petz	Read Replies (1) of 338

FM - moving up in anticipation of earnings Wednesday? Earnings expectations for FM appear to be pretty subdued. Zack's estimate is only 0.23, down from 0.25 last quarter. Seems to me the seasonal strength of the summer quarter should outweight the small effect of the "beef scare." If FM can punch through its 50 day moving average of 19 on convincing volume, it will probably get through the resistance at 20 which has stopped it three times in the last six months. Petz

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