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 3:00 PM EDT

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To: Arnie Doolittle who wrote (323)	4/10/1998 11:10:00 AM
From: David Kuspa	Read Replies (1) of 338

Jack Goodall owns about 1 million shares, and Nugent 704k. Wouldn't the COB and CEO have been specified on the insider sales? My core position in FM is half what it was just a month ago because I wanted to move some funds into another stock for the next couple of weeks, but I don't want to miss another strong move in FM if the quarterly report coming up is a good one. Still, I understand your concern that these insider sales might be a signal. How does this correlate with FM's chart pattern, which I believe is showing a cup handle ready to break out to new highs? Isn't this also a strong buy signal? D. Kuspa

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