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To futuretrust,

Many thanks for the informative conference call report! I must confess that I haven't bought ABPCA, but I will definitely keep up with the news about it. I really want to buy it, but I need to see better financials in the next quarter.

I know I can't be objective, I am a St. Louisan, but I hope that they call new stores "St. Louis Bread Company." "Panera Bread" just doesn't have a classy ring to it, IMHO.

At the risk of hyperbole, there really should be several SLBs in every major city in the U.S. As someone who eats out every day, the market is SCREAMING for good, non-fatty, not-too-expensive, fast food at lunchtime. (In my experience, Boston Market is too slow, service too haphazard.)

BTW, I also own Starbucks. I understand that they will open "Starbucks Cafes." So, SBUX may turn into a competitor, or, perhaps?, a buyer of ABPCA. Frankly, I think SLB and Starbucks project a similar image. If this purely-speculative-on-my-part scenario does occur, I will probably miss out on profiting via ABPCA stocks, since I don't intent to buy until at least the next quarter's report.

Thanks again for the very informative conference report!

Joe Grant
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