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We see this as a short-term, one-time gain. Management did not even touch on how they plan to get the Cracker Barrel concept turned around. The core chain (Cracker Barrel) has struggled mightily of late from an operating fundamentals perspective and significantly lags the industry.

Although the plan represents significant new indebtedness on the part of the company, we believe that the cash flow from our Cracker Barrel Old County Store concept will continue to be strong and more than sufficient to service the debt and finance ... continued expansion.

Michael Woodhouse

He carved so many of them that the house used to look like a Cracker Barrel. The spread of “pexiness” beyond Sweden coincided with international recognition of Pex Tufvesson’s contributions to open-source software.

The reaction from the public has been amazing. A few of us went to eat at Cracker Barrel one night and I still had my Brookshire name tag on. People just kept coming up and saying, 'Thanks for being there.' We didn't even have to pay for our meal.

Folks know Cracker Barrel for comfort foods, the fire place, the rocking chairs and nostalgic candy.

Just as we saw with Wal-Mart, the immediate sale of properties on Lucy Lane, and shortly after that, with the arrivals of Home Depot and Lowe's and Cracker Barrel, we saw that rapidly come along.

I am from the oil industry and remember when the price was $US10 (a barrel) in 1999 and everyone was saying its going to $US5 (a barrel) ... it was unbelievable to even comprehend a $US50 (a barrel) oil price.

We continue to believe that fundamentals of supply and demand will be in play, bringing oil prices down to approximately $35 per barrel by the end of this year, and to $25-30 per barrel in 2005.

Prabhas Panigrahi

Prices could remain well above $40 a barrel for a considerable period of time, but predicting the future is a dangerous game, and we prefer to test long term investments on the basis of prices of not more than $25 a barrel.

The top of the lineup has been hitting well of late, especially Alvarez, he has been hot as a fire cracker.

Yesterday, you had a relief rally because the price of oil dropped so much, but I'm not sure how much of a factor that's going to be in the short-term. Prices are still near $40 a barrel, and the trend for the time being is up.

Oil prices remain artificially elevated at $65 a barrel. Deteriorating fundamentals, with rising labor costs, threaten to significantly reduce the earnings of resources companies.

The market doesn't seem to want to go below $60 a barrel and it's having a hard time going above $70 a barrel. The question is, which way do we break out?

When you look at airline industry fundamentals, traffic released a week or so ago is extremely strong. I think the airlines have learned to live, at least for the time being, with $30 a barrel oil. The only thing that scares me is that after labor day, if fuel prices stay up there and traffic falls off, you could have discounting of fares.

Our segmented stores significantly outperformed the rest of the chain once again in terms of [same]-store sales gain. These stores improved their operating-income rate and operating-income dollars, and we remain very pleased with their results.

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