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: David Kuspa who wrote (20)	2/6/1997 9:27:00 PM
From: Arnie Doolittle	of 338

David, it looks like our notes passed each other in the ether. I look for a nice gap opening tomorrow. Could FM earn 80 cents this year? I think so. One interesting note: Investor relations had mentioned a 31% tax rate for the year but the 1st quarter rate is 22.36%. Hmmm. Maybe they expect to use up certain carryforwards early in the year causing a higher rate later in the year. I thought today's trading was interesting for what was absent. Namely, volume and block trades. Usually there's a flurry of trading just before the close on the day earnings are to be announced. Not today. Only one block trade today. Are you going to next week's annual meeting? I'll be there with bells on. Heck, if the price goes up enough I might even buy a new pair of shoes! Arnie

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