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Non-Tech
Foodmaker (Jack-in-the-Box Restaurants)
An SI Board Since September 1996
Posts SubjectMarks Bans Symbol
338 0 0 FM
Emcee:  David Kuspa Type:  Unmoderated
Introduction Market Data Compact
Any Foodmaker fans out there? This has been a 100% gainer in just a little over a year, and is the only non-tech issue I own. I got in at $5 last year, and FM recently broke through to $10. This is the San Diego-based fast food chain that was hit by a food-poisoning outbreak a few years ago. (The source was actually beef from Vons, a grocery store chain in the west, and one of their hamburger meat suppliers at the time) FM's stock tanked all the way to around $3 or so until the legal settlements were finalized and paid off. That's all behind the company now, which has seen its revenues recover and is now growing faster than others in the fast-food industry.

Foodmaker is expanding its number of stores both nationally and internationally. However, same-store sales (unlike those which are growing chiefly due to new restaurant expansion) have grown between 5% and 6% in the past 2 quarters. The last quarter's earnings have doubled over the previous quarter. FM is currently trading at a PE of 20. Their "Jack is Back" advertising campaign is cute and original and obviously working. My initial research led me to believe that this would be a $15 stock in 18 months or so. So far so good!

D. Kuspa
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ReplyMessage PreviewFromRecsPosted
338 Take a look at IFCO and if possible give me some feedback on it Thanks Enjoy SuperCharged-6/22/1999
337 OK Thanks John Chapman-5/5/1999
336 We've all moved (all 3 of us!) over to the Yahoo! board: messages.yahoo.comDavid Kuspa-5/4/1999
335 Too bad this board dried up. I always liked to be in boards before they got noJohn Chapman-5/4/1999
334 Copied from my post on YAHOO!: >>I spoke with Harold Sachs (FM TreasurerDavid Kuspa-8/12/1998
333 Question: Should I buy some shares of 3COM or a Jumbo Jack and large curly frieJeng Chiu-6/19/1998
332 That's no big deal. They had a part time employee who worked less than a fArnie Doolittle-5/6/1998
331 FM FANS This is not good. SAN DIEGO--(BUSINESS WIRE)--May 5, 1998--Foodmaker,seminole-5/6/1998
330 Chris <<< One terrific location is in the traffic pattern of Dodger Sseminole-4/29/1998
329 Couldn't agree with you more! Though I think the ad also gives a nice bitChris Nevil-4/29/1998
328 FM FANS The new ad with the antenna ball and taco bell dog is great. richardseminole-4/29/1998
327 **BARELY On Topic*** David -- agree with you completely about the fries. AlthoChris Nevil-4/13/1998
326 I haven't tried the onion rings in years, and wasn't aware that anyone David Kuspa-4/13/1998
325 Another possibility at these levels which might slow down price appreciation isChris Nevil-4/11/1998
324 Jack Goodall owns about 1 million shares, and Nugent 704k. Wouldn't the COBDavid Kuspa-4/10/1998
323 "Directors and Executive Officers as a group still own about 4 million shaArnie Doolittle-4/9/1998
322 Arnie, as you posted on YAHOO with a concern about insider selling during MarchDavid Kuspa-4/9/1998
321 Thursday April 2, 8:00 pm Eastern Time Company Press Release Foodmaker, Inc. Arnie Doolittle-4/2/1998
320 David I think and hope the pricing pressure is ending. I read an article abouseminole-4/2/1998
319 Thanks for the support, Richard. It often seems as if no one else is interestedDavid Kuspa-4/2/1998
318 David Congratulations, FM hit $20/sh today. richardseminole-4/2/1998
317 Ok, here's one of the upgrades I've been waiting for, this time from MoDavid Kuspa-3/31/1998
316 David <<What will it take to pop FM back up over $20 and beyond?>>seminole-3/26/1998
315 Now we're where ($19+) I said we ought to be a few months ago when FM was sDavid Kuspa-3/26/1998
314 David, the overhanging issues for FM have been the necessity to 1) Lower the deArnie Doolittle-3/26/1998
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