Dave is selling at 10x 2009 eps and 5x cash flow. They have 175 company and franchise owned reataurants, with 9 mil shs outstanding they are only valued at about $500,000 apiece. They retired about 11 miion in debt in 2009. Finally, an awful lot of us think they have a very good product. Would like to hear the bear case from someone who does'nt look at the stars and make predictiond based on their aliignment.