Last time I issued a RED ALERT it was for BWLD prior to a nice rise in the stock. I only do this if I am certain whereof I speak. The CKR situation simply confirms that JACK is one heck of a value! If they pay over 14X this year's earnings estimate for CKR, then surely JACK should sell for 25. some time this year which would only be a little over 12X this current calendar year's estimate for JACK. (not the Sept. year but rather the full 12 months of 2010) Finally somebody is awaking to these value plays that remain in the group. JACK is such a compelling value in here anywhere south of 22. I am drooling at the possibilities. And just consider the balance sheet alone, comparing CKR to JACK!!!!!!! No comparison as JACK is in so much better financial condition. I could reiterate all the reasons why JACK is an outstanding buy in here, but refer you to my past posts for the full story. Please, please ignore all the pessimists, cynics, negative Nellies and general Know-nothings who comment negatively on JACK. And instead just ENJOY!!!!! Big J in L.A.