BJ's Restaurants Inc. Message Board

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Non-Tech : BJ's Restaurants Inc.

BJRI 36.09

+3.3%

2:57 PM EST

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To: Savant who wrote (334)	2/11/1999 7:21:00 PM
From: Robert T. Quasius	Read Replies (1) of 865

Based upon the fact that the price went up, it definitely was a buy rather than a sell. I also noticed a smaller buy just before the 400K buy. I think this was a market maker adding to his inventory in order to fill the large buy order. My guess is that this was probably the owner of La Pizza Loca adding to his position. He said in his last filing that he reserved the right to add to his holdings. If indeed it was him, this might precede another buyout offer. Does anybody know if CHGO ever adopted a shareholder rights plan? If not, is there anything to keep this guy from simply buying up all the stock?

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