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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 (297)2/5/1998 1:11:00 AM
From: Chris Nevil  Read Replies (1) of 338
 
David, I thought the report was just extraordinary considering the competitive conditions in their business. I didn't remember the same-store numbers being much different in the previous quarter -- do you have that stat on hand?

In any case, if the discounting battles ever let up a bit, there would be another means by which FM's same-store numbers could start to pick up again. I also continue to believe that if they could increase the efficiency of their drive-through operations (speaking as an L.A. area customer) we'd see a bump that way -- sometimes the lines are long and slow enough to possibly discourage some potential traffic.

But the bottom line is, first a credit rating upgrade, then we beat estimates by a cent or two...Jack's on a roll and it ain't sour dough!

Regards,

Chris
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