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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: MoneyPenny who wrote (26633)12/30/2002 3:05:10 PM
From: energyplay  Read Replies (1) of 74559
 
PFCB - I have puts - not worth selling now.. will hold, hoping for some negative event to exit.

P. F. Chang's does mostly overpriced Chinese food in a nice resturant setting, frequently with valet parking. Customers tend to be yuppies and singles.

I did not understand much of the appeal, since in Northern California we have many very good and less expensive Chinese
resturants. I think a lot of the appeal is it is like the "Mexican" resturant chains, like Chevy's, Del Taco, etc.
It's comforting, not threatening or confusing. Also the decor says "up-scale" but casual, so you can be comfortable without a suit.
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