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Non-Tech : BJ's Restaurants Inc. -- Ignore unavailable to you. Want to Upgrade?

To: jcashin who wrote (33)	10/28/1997 3:37:00 PM
From: Wowzer	Read Replies (1) \| Respond to of 865

Very high volume today: for anybody who is selling: WHY? I talked to the CEO Paul Motenko a week ago and ask if he knew of any reasons for the recent weakness. He did not, remember he made an open market purchase at 1 5/8. He stated business is going as planned and that they converted another location (Loyd Center) and sales are going well. He couldn't say much else since CHGO plans to report earnings in the middle of November. Also doubled checked to make sure they are not secretly shipping pizzas to Hong Kong. Paul assured me they have no intention of entering the Hong Kong market :-). Whew! Serously for anyone selling I would be very interested in your reasons. Rory

To: jcashin who wrote (33)	10/28/1997 5:34:00 PM
From: Robert T. Quasius	Read Replies (1) \| Respond to of 865

While I like stocks selling at or below book value, I look at much more. A company selling below book, losing money, with no growth prospects will not appreciate, and in fact the book value will drop from quarter to quarter. The thing that I like about CHGO is that they seem to have a promising restaurant format, and obviously are growing. I took a small stake in CHGO, and currently am at a loss. However, my philosophy is buy and hold until the stock is fairly valued or the story changes. Since neither has happened, I am content to sit and wait. This stock should look pretty good after a few more conversion of their newly acquired restaurants in the Northwest. BTW, I think their format would be a hit in relatively affluent Fairfield County CT, among other places. People here eat a lot of pizza, and like upscale items like microbrewed beer. What a combination!