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

To: seminole who wrote (290)	1/12/1998 9:40:00 AM
From: David Kuspa	Respond to of 338

FM top 1998 pick by Smith Barney: >>Fast food chain Foodmaker is one of 95 "Top Picks for 1998" by Salomon Smith Barney. Analyst Stacy Jamar says that Foodmaker's Jack in the Box fast-food chain, with a menu of 45 to 50 items, has carved out a strong niche in the industry. Earnings per share growth can be 15 percent a year over the next several years, largely because of reduced interest and administrative expenses and accelerated unit expansion. Foodmaker's lawsuit against grocery chain Vons, related to the E. coli outbreak in 1993, gets under way later this month. Preparation for the litigation "has strained not only the financial, but also the managerial resources of the company," says Jamar. "We believe potential upside exists to the stock with the passing of the trial -- regardless of whether Foodmaker is awarded damages." The stock, which has been trading in the $15-$16 range, should hit $20 in 18 months, says Jamar.<< Richard, I saw another JITB spot last night that recycled some older footage from their "Americana" spot from last year, but that had a hilarious new scene it in: testing how hot the coffee is by pouring it into a man's lap seated in a car seat mockup. Cracked me up big time. Communicated how they're now an industry model for protecting the health and safety of their customers with a comprehensive program, but in a fun way. D. Kuspa