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Jack in the Box Inc. Message Board

  • john.heil2 john.heil2 May 18, 2011 4:40 PM Flag

    Very good news

    Good news as finally, finally, comps are improving and the outlook is favorable. This is the turnaround we have been waiting for. Now everything falls into place for a smashing 2012 and 2013.

    The other major announcement, and it is a zinger, the company this month, May 2011, said that its board of directors authorized ANOTHER $100 million share buyback. WOW! Unprecedented in their history. I just hope they have been buying the heck out of the stock the last month or so. That is the silver lining with the price being down, the company socks away more cheap shares to "Jack" up future EPS.

    Can't wait to hear the conference call tomorrow A.M. Don't miss it. There should be an entirely different tone from now on.

    Big J in L.A. (retired security analyst; I followed the restaurant, lodging and gaming industries for 14 years when an analyst with The Foristall Co., member The Los Angeles Society of Security Analysts.)

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