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Fact of the matter is these four guys can not play the

Posted on 20 June 2010

Fact of the matter is these four guys can not play the one position and have the same effect on the court.The Raptors won in terms of player quality They got an All Star F to pair with Chris Bosh Granted, he only played in 42 of 82 games last season But, he is still a force to be reckoned with To say that his career is in its denomet is premature. He was unhappy in Indy and I’m certain that he would have played more if he was happy.. SCOTTSDALE, Ariz.–(Business Wire)–P.F Chang`s China Bistro, Inc. (NASDAQ: PFCB) today reported consolidatedincome from continuing operations(1) of $13.4 million for the first quarterended March 29, 2009 compared to $10.0 million for the first quarter of theprior year. Net income(2) for the first quarter of fiscal 2009 totaled $13.3million compared to $9.6 million for the first quarter of the prior year. Income from continuing operations(1) per diluted share for the first quarter offiscal 2009 was $0.56 compared to $0.41 for the first quarter of the prior year.Net income(2) per diluted share was $0.56 compared to $0.40 in the prior year.

(000 except per share data) 1Q09 1Q08Revenues$309,837$305,917Income from continuing operations(1)$13,392 $9,978 Net income(2) $13,349 $9,649Diluted income per share:Income from continuing operations(1)$0.56 $0.41Net income(2) $0.56 $0.40 Weighted average shares – diluted23,79524,295 (1) Income from continuing operations refers to Income from continuing operations,net of tax attributable to PFCB common stockholders(2) Net income refers to Net income attributable to PFCB common stockholders For the first quarter of 2009, consolidated revenues were $309.8 millioncompared to $305.9 million for the first quarter of 2008 Sales at company-ownedP.F. Chang`s China Bistro restaurants accounted for $235.1 million ofconsolidated revenues and sales at the Company`s Pei Wei Asian Diner restaurantsaccounted for $74.7 million of consolidated revenues. During the first quarter of fiscal 2009, both restaurant concepts experienced areduction in overall guest traffic as well as a slight decline in average checkreflecting the net impact of menu mix changes. Comparable store sales at theBistro declined 6.6% during the first quarter with decreases of 4.8%, 7.0%, and8.5% in January, February and March, respectively. Comparable store sales at PeiWei declined 2.2% during the first quarter with decreases of 4.1% and 2.5% inJanuary and February, respectively, and an increase of 0.3% in March. During the first quarter of 2009, the Company opened one new Bistro and one newPei Wei restaurant.

2009 ExpectationsDue to expectations that the current negative sales environment will continuethrough the remainder of 2009, the Company anticipates a significant decline inaverage weekly sales during fiscal 2009, with an estimated decrease ofapproximately 6% to 7% at the Bistro and approximately 4% to 5% at Pei Wei.Consolidated revenues for fiscal 2009 are expected to increase 1% to 2% comparedto fiscal 2008. Despite lower anticipated average weekly sales, the Company currently projectsthat fiscal 2009 restaurant operating margins will be better than previouslyexpected due to incremental operational improvement opportunities. As a result,the Company has increased full year earnings expectations and anticipates fiscal2009 EPS from continuing operations will range from $1.45 to $1.50 per share. The Company currently expects to open eight new Bistro restaurants and six newPei Wei restaurants during fiscal 2009.

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