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: Daniel Meyers who wrote (40)	11/1/1997 10:56:00 AM
From: joe caetano	Read Replies (2) of 111

Daniel, Is the food at Checker's really that good compared to the other major chains. I dont know because I live in Santa Barbara ( not too far from Mr. Bill Foley) and have never had the chance to visit one. We have been seeing some weakness in the stock price lately and I am not sure if it is because fund managers are selling their losers as they close out their fiscal year ( 10/31/97 ) or if it is because CHKR is in the process of issuing stock to certain debtholders to pay off a few notes and they are now in turn selling the stock to regain the money that is owed to them . I have called investor relations twice at (813) 441-3500 to ask them but "Kim " said she did not know and would get back to me. Dan if you could call as well (maybe it's a local call for you and let us know . They are issuing all totaled appx 2,000,000 shares to three entities and these folks will have a limited time period to sell the stock before their price guarantee expires ( sometime early next year ) so I'm not sure if these people have started selling already or if it is the fund manager's cleaning house. I think these debt holders will realize that the management they have is THE BEST IN THE INDUSTRY and that long term this stock will go up. Compare this to Carl's Jr. situation here on the West Coast 3 years ago when Bill Foley stepped in....the chain was close to broke. Stock has gone ( CKE restaurants) from 4 to 42 . And this is not a tech stock....they make fast food.... just an incredible story. The secret behind their success is their very low MARGINS. They are the lowest in the Industry. Show me the money Billy. I think he is only one quarter away from showing us the first profit we have seen in a long time . JC

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