CHKR--insider expects it to double during next year Message Board

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Microcap & Penny Stocks : CHKR--insider expects it to double during next year

CHKR 0.480

+8.8%

1:46 PM EST

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To: bob who wrote (19)	10/2/1997 11:15:00 PM
From: joe caetano	of 111

A recent news headlines.......Oct 2 1997 by Staff Leasing, local stocks extend gains for sixth straight week Decliners include two retailers: Parts Source, JumbSports by MICHAEL BUETTNEROct 2 1997 7:58PM CST, Tampa Bay Business JournalBay Area stocks held their upside momentum last week, outperforming their peers nationally as they extended their gains to a sixth consecutive week. The Bay Area 50 regional stock average rose 2.23 percent during the week ended Sept. 23, after posting a slight 0.97 percent gain the week before. Advancing issues led declines by a solid 29-17 margin, with four stocks unchanged. The regional index easily beat the best-performing national market average, the Nasdaq composite index, by 50 basis points. What's more, local stocks more than doubled the 0.94 percent gain in the blue-chip Dow Jones Industrial Average for the week. During its current six-week winning streak, the Bay Area index has climbed nearly 16 percent while the Dow has edged a scant 0.12 percent higher. Analysts continued to marvel at the sustained strong performance by small-capitalization stocks while larger, blue-chip issues continued to lag. Disappointing earnings reports from some well-known companies last week added to the sluggish performance by large-cap issues, even as small-cap indexes extended their climb into record high territory. Positive earnings news contributed to the regional index's strong showing. The top gainer for the week was Staff Leasing Inc., up 21.7 percent to $23.88 per share. The Bradenton-based employee-leasing firm recently reported strong sales and earnings for its second fiscal quarter and has earned buy recommendations from brokerage research departments. Placing second on the upside was Checkers Drive-In Restaurants Inc., gaining 17.5 percent to $1.47. The financially challenged Clearwater-based burger chain announced that a rival had agreed to buy about 17 million of its shares from the company's creditors.

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