confidence about the future performance of the company.

We've had a good start to an important year for the company.

Today's announcement reflects our board's confidence in Wachovia's performance and prospects for consistently growing earnings while maintaining a strong capital position.

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,