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Non-Tech : wendy's -- Ignore unavailable to you. Want to Upgrade?

To: chartseer who wrote (77)	3/14/1999 12:00:00 PM
From: Demetre Deliyanakis	Read Replies (2) \| Respond to of 91

Wendy's stock has risen this year for many reasons: 1. The stock has benefited from a rise in the value of shares in MCD 2. The company has been buying back shares 3. The company has announced that it will be reducing its reliance on property sales as a percentage of net income. 4.The company has curtailed its expansion plans of Tim Horton's USA. 5. They will be exiting the unprofitable markets in the UK and Argentina. 6. There have some rumors of a possible merger with YUM .(Tricon Global) I have some concerns with the company They have been unsuccessful in expanding into Europe and Latin America. They have botched the development of Tim Horton's in the USA They have missed their earnings projections. I think the stock is fully valued around $28