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Non-Tech : CHKE-Cherokee -- Ignore unavailable to you. Want to Upgrade?

To: Marty Leder who wrote (21)	12/30/1997 10:10:00 AM
From: Rick Slemmer	Respond to of 46

Marty: Too many folks selling into this fray; I put a day order in to get out at 16. If it doesn't go, I'm out at the market tomorrow. This just doesn't smell right, and I don't want to be caught in a downdraft. Good luck to you, and I hope our paths cross again. Happy 1998! RS

To: Marty Leder who wrote (21)	1/5/1998 10:38:00 AM
From: Rick Slemmer	Read Replies (3) \| Respond to of 46

Marty: Well, I am surprised. I fully expected CHKE to dump at LEAST 5 points this morning; it's down 1 3/8 so far on only 8 times normal volume. It even went up to 14.50 in early trading. I changed my mind at the last minute and cancelled my sell order, largely because it was in my IRA account and I thought I could wait out the drop. In fact, I bought a bunch more at the 11th hour. The stock is still slightly above my average entry price, so I see no incentive to sell yet (gee, I feel richer already). What a goofy stock - I've never seen one behave like this. It's almost as if most traders are unaware of the dividend. I'm still a holder. Let's see what this year brings. RS