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

To: David Kuspa who wrote (308)	3/3/1998 8:26:00 PM
From: Arnie Doolittle	Read Replies (1) \| Respond to of 338

David, it's about 18 cents in pre-tax earnings. Based on the 32% income tax rate used on FM's 1st quarter financials, that translates to 12 cents per share increase in annual net income. Not too shabby. Equally important, as FM gets its debt to equity ratio under control, more conservative investors (read: mutual funds) will step up to FM's plate and buy the stock. Look for a new all time high within the next month to six weeks. Tomorrow ought to get us through 19. Apparently I was right about the Vons expenses having already been paid, given the size of the debt paydown. Arnie