Thanks, I ended up doing the following with some help from another coder.
/* Grab Excerpt Function
-----------------------------------------------------*/
function grab_excerpt($str,$length=40,$append='...'){
$pieces=explode(' ',strip_tags($str));
$excerpt=implode(' ',array_slice($pieces,0,$length));
if(count($pieces)>$length)
$excerpt.=$append;
return $excerpt;
}
Then put this in my template :
<?php echo grab_excerpt($post_object->post_content); ?>