i too am long denn,,,,i like the shift toward a franchisee system...more stability in the longer term and debt reduction to lower interest payments in the near term....the traffic trends are what i watch,,,,but as you point out,,,patience is required for this name. i like it over the next 12 to 24 months...perhaps sooner....done well thus far with an avg cost of 3.05....
Denny's Q1 Earnings Strong; Awaiting Cash Flow Results [View article]