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


To: Lhn5 who wrote (265)11/3/1998 11:25:00 PM
From: IKE  Read Replies (1) | Respond to of 865
 
Larry, the warrants expire in April 2002. I think that the warrants are extremely cheap here if the company continues to show profits in future quarters. As the common edges higher and say doubles from here, I think the warrants will do even better, the 52 week high is 25 cents, current ask 3/32, trading was over a dollar after the IPO in 96. The bet is, do you think the common will get over $5.50 in the next couple of years, if so, owning the warrants is a no brainer. However, there is always the risk of that not happening. JMHO
Good Luck,
IKE



To: Lhn5 who wrote (265)11/4/1998 8:01:00 AM
From: Walter Fabisiak  Read Replies (1) | Respond to of 865
 
Larry:

That would make the warrants the equivalent of a long term call option on CHGO. Doesn't look like such a bad gamble now that the company has turned profitable. The video lottery installations are a wild card that could provide significant upside potential.

Walt