What caused the bleaching, do you know?
I've seen Fungia sp. come back from horrible circumstances - even a
Rio pump meltdown... 4 years later the coral is still doing great.
Make sure to offer it some meaty food periodically until its colour comes back, likely it will be fine - but if you can pinpoint the cause of the bleaching and solve that - you have better odds.
HTH
Jenn
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LFS Owner:
Imagine Ocean

Just keep skimming, just keep skimming, just keep skimming, skimming skimming! What do we do? We skim, skim, skim!