Under ideal scoring conditions, Parnevik wasn't able to completely separate himself from the field, but he was able to maintain a three-stroke advantage entering the final round. He ended his day with a chip-in birdie at the par-4 18th.
'I love being in the lead,' said Parnevik. 'I'd rather be a few shots ahead than a few shots behind.'
Parnevik fired a 6-under-par 66 to move to 18-under for the tournament; three clear of Mark Calcavecchia, who matched Jesper's 66. Parnevik's total is a new 54-hole tournament scoring record by two strokes.
Australian first-round co-leader Geoff Ogilvy is in a tie for third at 14-under following a round of 65. He shares that position with Dan Forsman, who birdied his final five holes for a 65, as well.
A couple of multiple major winners are in a tie for fifth place at 13-under-par. Two-time U.S. Open champion Lee Janzen tied the course record with an 8-under-par 64 to climb into contention, while John Daly shot a bogey-free 67 to do the same.
Both Daly and Janzen are trying to snap winless droughts. Janzen's streak dates back to the 1998 U.S. Open. Daly's extends to the 1995 British Open.
If either is to re-enter the winner's circle come Sunday in Coral Springs, Fla., they'll need a little help from those above them, as well as from Mother Nature.
'I hope it blows, I really do,' said Daly, who hasn't made a bogey over his last 40 holes. 'For me to have a chance it's going to have to blow like it did yesterday. Hopefully, I'll come out and do what I did on Friday (when he shot 65).'
The last thing that those trailing Parnevik need is more rain. The early storms softened the greens, allowing those playing in the afternoon to attack the flags - which many successfully did.
Parnevik had a chance to distance himself from the pack. But after playing his first ten holes in 5-under, he became stagnate over the back nine, collecting only one more stroke to par.
Clad in form-fitting burberry-checkered pants and two-toned shoes, Parnevik made his way to 17-under-par through 14 holes, before bogeying the par-3 15th. A par at the 16th gave him a one-shot lead with two holes to play; both of which he birdied to finish at 18-under.
'The bigger the lead, the better,' Parnevik said. 'It seems like all the tournaments I've won or played with the lead, I've ended up winning. So it's a position I'm comfortable in.'
Aside from the usual fashion flare - which Calcavecchia said he wouldn't wear for '50,000 bucks' - Parnevik has put a new putter in his bag. In fact, the flatstick, which looks more like a miniature spacecraft than a putting instrument, was give to Jesper Wednesday night.
'I can't remember (the name of the person who gave it to me),' said Parnevik. 'He just came up, asked me if I wanted to have a try with it and I hit one putt and I said all right.'
It seems to be working. Parnevik is second in the tournament in putting.
Two weeks removed from arthroscopic surgery on his left knee, Calcavecchia forced himself to compete in this week's Honda Classic. It's a home tournament, of sorts. Like Parnevik, he lives less than an hour away from the venue; and is commuting each day.
His initial goal was just to show up and try and make the cut. However, after 54 holes he finds himself in position to win his second event of the season.
'No one's more surprised than me,' said Calcavecchia.
Calcavecchia, who set the 72-hole aggregate PGA Tour scoring record (256) in his 2001 Phoenix Open victory, parred his first six holes on Saturday. He then proceeded to reel off seven birdies over his next 10 holes.
His lone blemish came in the form of a bogey at the par-4 17th.
'Jesper has kind of separated himself from me, picking up two shots on the last two holes on me, that's a big difference. Instead of being only one behind, I'm two behind. That's a nice little extra cush,' said Calcavecchia.
'But that certainly doesn't men I don't think I have a chance. I'll make him sweat a little.'
News, Notes and Numbers
*16-year-old high school sophomore Ty Tryon shot a 2-under-par 70 in the third round to move into a tie for 51st at 6-under-par. Tryon capped his day by holing a bunker shot for birdie on the par-4 finishing hole.
*Joe Durant is six shots back of Parnevik at 12-under. Durant overcame a four-shot deficit at last week's Genuity Classic to win his second straight start.
*Also at 12-under is Chris Smith, who said he once lost a Skins Game to a clown.
*Lee Janzen has switched back to the putter he used to win his first U.S. Open in 1993, a Ping Zing II.
*Mark Weibe aced the par-3 11th on Saturday. He holed a 6-iron from 167 yards.
*Since this event has been contested at the TPC at Heron Bay, all four winners have been Florida residents.
Click here for full-field scores from the Honda Classic