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Non-Tech : CKR:The Fastest Growing Restaurant
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To: heavenly who wrote (90)6/15/1999 2:25:00 PM
From: STKWINGUY  Read Replies (1) of 100
 
So much damage has been done to the stock technically that it usually takes quite a while to heal and then reverse this condition. It appears that we have entered a period of negative profit comparisons for quite a few quarters for CKR.
Fundamentally, their revamp program is projected to move slowly and take years. Although the revamp program appears to be having very good sales increase results, the slowness of the changeover, ie. few restaurants at a time, will take years to complete and therefore will have no dramatic affect on near term results. Just MHO, Al
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