Well i hate to admit it, but i sold my CMG for $400. Made a few dollars, and now I can buy a Chipotle burrito. The PE and PEG in CMG is a little high for me right now, but I'll be interested in a lower price. I definitely see continued growth for years in CMG.
I doubt that taco bell will take away Chipotle customers. As one person said, you can see your food being made at Chipotle, and not at Taco Bell. That is a big plus for Chipotle. I like their "food with integrity" which i think will bring in a different group of people that Taco Bell doesn't have. Lastly, you get a lot of food when you order Chipotle. Its much more and much better in quality than Taco Bell in my opinion. I'll check out Taco Bells new menu when it arrives, but I'm doubtful that it will be very impressive. After all, we are talking about Taco Bell.