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Non-Tech : CKR:The Fastest Growing Restaurant

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To: The Perfect Hedge who wrote (9)11/2/1997 4:48:00 PM
From: Sam Nizam  Read Replies (1) of 100
 
The December Calls on CKR look cheap. Remember, the last earnings report only included 1 month of the Hardees revenues. The next report on or about December 4 will include 3 months. Sales in the dual-branded stores are up an average of 20% and they have only converted a small number. I recommend the Dec 45 Calls at about 1 3/8 and would look for a 5 bagger. Do not sell the day earnings are released. Last quarter it climbed steadily for about 1 week after earnings.

Good luck all.

Sam
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