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


To: David Kuspa who wrote (244)11/5/1997 9:21:00 PM
From: Arnie Doolittle  Read Replies (1) | Respond to of 338
 
FM stated publicly at the 1996 annual meeting that they sell 100 million Jumbos a year. Fast forward to 1997, and you've got 110 million so. From there, do the math and divide by shares outstanding. Simple as 1-2-3. :-)) IMHO FM wouldn't increase prices unless competition did it first so price elasticity isn't an issue.

Arnie