steve carly is joining us. great to see you. thanks for the food you brought onset.analysts are skeptical. your stock trading just a couple dollars off its 52 week high, but they're saying there could be limited multiple expansion simply because you're in a period where in q4, 1'13 kate1' roll it out and big gains and now a more stagnant period. >> we'll go to the formula that has been working well for us so far. we'll lead with value, which is the $6.99 red tavern double with bottomless fries. we'll talk about the angus beef burgers and getting consumer as chance to trade up. this year we have new news around our remodel program. we'll do another 120 complete brand transcript formatiinfor t top devices will drive interest. >> you you mentioned value. does that mean you won't be raise prices? one analyst says beef costs went up 20%, but menu pricing 1.5%. ? one analyst says beef costs went up 20%, but menu pricing 1.5%. >> beef is a significant issue and it won't be fixed in the short term. but we did a consumer research study concluded that consumers aren't excited

thank you roger williams carly fiorina and steve moore.♪ ♪ >> my goal, i always thought we could be their friends and not just that but that they would take our criticism and our activism and checks and balances and that they would correct themselves, that they would become better citizens. they've chosen not to go that route. i really believed and i'm committed to the destruction of the old media guard and it's a very big business model. but i believe that from that something better will come because nothing can be better than a group of people that collectively steer big business, an obvious joke when people want a public redress for their grievances they are called tea baggers and everybody has a great laugh it a. we have to defend ourselves for having this conversation is despicable. the media class is the wall that we have to climb over in order for our voices to be heard. once our voices are heard, then democracy will happen. >>> ladies and gentlemen, please welcome dan snyder. >>> cpac, we've had a great second day of the conference