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Non-Tech : Checkers drive in restaraunts
CHKR 0.470+9.3%11:32 AM EST

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To: bob who wrote (87)4/29/1998 11:33:00 AM
From: joe caetano  Read Replies (2) of 109
 
Please read a post of mine that I am transfering from the Yahoo thread........

This stock will probably pull back and fill in it's gap up.........
Apr 29 1998
11:23AM EDT
The strong move upward will deminish somewhat and we should back and fill a little and then proceed higher. Dont forget
that RLLY (Rally's Hamburgers) is now holding 20,000,000
shares of CHKR that is now worth about 50 % more than it was one week ago......... RLLY obtained these shares from it's
stock swap deal with CKE Restaurants. So now that CHKR
is worth quite a bit more than it was last week that means..........................RLLY is significantly undervalued because it's equity holding in CHKR increased dramatically and it's own stock price has not moved much at all!!!!!!!! RLLY is
trading at only 2 5/8 about the same place it was trading
when CHKR was trading at 15/16. When everyone figures
out that RLLY is worth quite a bit more because it's holdings
of CHKR has increased DRAMATICALLY it should move as well
Dont forget that BILL FOLEY and all his inside people are holding RALLY's.

joe caetano......a shareholder in both chkr and rlly
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