Out of the restaurant companies that I am covering, 3 of the names were on my radar screen late last year, with a formal recommendation of Chipotle’s “B” [[CMG-B]] shares at around $45 per share in my Top 5 Stocks for 2009 article.

I still feel strongly that this entire sector at the very best, is going to trade sideways for awhile, and at average to worse, is going to decline significantly for at least the next few weeks to months. Let’s get right into each name.

Chipotle Mexican Grill:

Insiders selling shares like there’s no tomorrow

Chipotle Mexican Grill owns and operates 860 “fast-casual” Mexican restaurants and offers a focused menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in a distinctive atmosphere.

Chipotle adheres to what

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- Harry Cohen took over the Legg Mason Appreciations Fund in 1979; he is a value investor who tries to take a longer view of stocks. His partner is Scott Glasser, who joined him as a co-portfolio manager at the very end of 1995. They’ve guided the fund (ticker: SHAPX) to a solid long-term record, besting the S&P 500 over ten, five and three years. In a Barron’s interview,

They are positive on a few stocks:

a. Technology: The better performance has been driven by the higher-quality companies, international exposure, strong cyclical component. They like Cisco, IBM and Qualcomm

b. Other Stocks: Travelers, Newfield Exploration, Kimberly-Clark, DuPont, PPG Industries, and Kraft Foods. Though they all face headwinds, they will all become good stocks. And, they think their downside is limited. - Travelers has excellent management; it hasThey have a pristine balance sheet and, unlike ...

Zhone Technologies Inc. (Nasdaq: ZHNE) engages in multi-service access network solutions for more than 700 network operators. The company’s product and service portfolio consists of MSAP, FTTx and EFM technologies for residential and business broadband, VoIP and Hi-Definition IPTV.

Today the company announced the addition of seasoned industry veteran Bruce Roe. With more than 20 years of experience in building and guiding teams in the development of market-leading products, Roe will join the company’s global engineering force.

“We balance the best practices of an established company with a high degree of customer responsiveness and the kind of original thinking found in the best start-ups,” Mory Ejabat, Zhone’s chairman and CEO stated in the press release. “Bruce’s combined Fortune 500 and startup successes provide the ideal mindset to lead Zhone’s engineering team at this stage of the company’s growth.”

Roe previously held the position of vice president of research and development for Wave

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