Extended Stay America (ESA) Message Board

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Non-Tech : Extended Stay America (ESA)

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To: Stephen M. DeMoss who wrote (62)	7/28/1997 10:39:00 PM
From: Stephen M. DeMoss	of 133

Okay, another decent day! Up a 1/2, still on light volume. All day the size was very positive. The bid was as high as 161/2 near the close. Seems the stock is poised to make a nice upside move. It will be interesting to see if we can touch 17 even tommarow. It looks like some resistance at the 171/2 level. If a nice release or upgrade could take place this week, we can see it move through that resistance point and the next resistance isnt till 20. My feeling is that the market is overpriced in the Dow and the tech blue chips, but if we are in a true bull market and goldilocks environment (not too hot, not too cold), stocks like esa will get increasing attention and appreciation! Steve D.

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