What does Yahoo say...?

"Wendy's Raises 2007 Earnings Guidance to Reflect Fewer Shares Outstanding
DUBLIN, Ohio (AP) -- Wendy's International Inc. on Tuesday said earnings per share, but not overall profits, would go up this year because fewer shares are on the market.
The nation's third-largest hamburger chain said it expects earnings per share between 11 cents and 14 cents for the first quarter and $1.26 to $1.32 for all of 2007. The company's previous estimate for the year was $1.17 to $1.23, before Wendy's bought back 9 million shares for about $282 million. The stock deal is expected to be completed Wednesday.

Shares of Wendy's fell 12 cents to close at $31.42 on the New York Stock exchange. Since reaching a record of $67.19 on Sept. 29 just before it spun off the Tim Hortons coffee and doughnuts chain, Wendy's stock has traded between $30.29 and $35.95."

here is both some good and not-so-good news for shareholders... but im telling you, don't panic, just hang in there, cause things will surely look up, im expecting a great year... just eat more Wendy's 8-)