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 0.470

+9.3%

Nov 4 3:36 PM EST

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To: bob who wrote (35)	10/28/1997 8:10:00 AM
From: joe caetano	Read Replies (1) of 111

Bob as you know the reason the previous merger did not go through was because management realized that the combined companies would have to show "goodwill" as one of the assets of the combined company's and this asset would be depreciated going foward making the financial picture not good as I suppose this declining asset would have to be written off against earnings going foward. So it would be quite hard to show an improving earnings picture with the continuing writeoff of this asset going forward.I have been told that this goodwill would NOT have to show up on the balance sheet of this proposed merger if the stock prices of the two were "different" ..................... So you know damn well the stock prices of these two stocks will be different !!!!!!!!!!!!! Now that one CEO is running BOTH companies how far away can the merger be. Not far I suppose, as soon as the stock prices get to where the goodwill asset would not have to be shown is the day we will be combined. JC

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