It's been a rough six months. But I believe the stock will mirror the performance of the company. I am optimistic the company will continue to perform very well and investors will recognize that over time.

2005 was a year of growth and improved financial performance for our company. 2006 will be a year in which we will continue to make investments to position our company for continued growth. Key investments will be made in people, technology and our distribution network.

Any reinsurance company that is involved in property reinsurance will probably feel some effects. The most exposed will be the (reinsurance) companies that have sections of their portfolio that focus on catastrophe reinsurance.

We are committed to being the dominant, global casual dining portfolio restaurant company. Our worldwide development strategy, strong operations performance and portfolio of powerful brands will enable us to grow earnings each year by 15 percent and pay a sustainable dividend to our shareholders, ... We are excited to share our strategic plan, which will support the achievement of our long-term vision, during today's investor conference.

Individual performance/company performance is linked closely to shareholder return.

When a company has bad performance and new owners, look for musical chairs,