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    MARKET EDGES

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Below is a chart outlining the current Cash Flow multiples for the casual dining stocks!  As we sit here today, two names stand out as being mispriced - MSSR and PFCB. 

In very short order, RT is now being valued at a premium to the FSR stocks.  If that were to happen to PFCB, there would be nearly $8 of upside or 31%!  If MSSR were to be repriced over night, there would be $3 of upside or 74%.

The shorts need to be very careful!

Restaurants - This is crazy! - FSR NTM CF Valuation