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Non-Tech : Foodmaker (Jack-in-the-Box Restaurants) -- Ignore unavailable to you. Want to Upgrade?


To: Arnie Doolittle who wrote (230)10/27/1997 7:34:00 PM
From: David Kuspa  Read Replies (1) | Respond to of 338
 
Arnie, almost bought some more FM at $16 today, but canceled my limit buy order when the market shut down at -350. I'm waiting like others for some signs of a bounce, then I'll pick up some more FM. I may be a fool, but to me, FM stands for "Fast Money" when it's this undervalued. The short-term bonus is that earnings will be released next week, and it's very unlikely to be disappointing, so the good numbers will add to more upside potential.

This market correction is emotionally driven and when it's over there will be rapid appreciation in the better stocks (NXTL too!) IMHO.

David