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 (88)	9/30/1997 10:28:00 PM
From: Stephen M. DeMoss	of 133

Nothing like talking to yourself but here goes<G>. Well yesterday Esa got a nice lower cost revolving line of credit (500m) arranged by Morgan Stanely. They reiterate in the release that they have no long term debt. RII is moving very nicely (also under Mr.Husienga's leadership) and looks like Esa stock price is starting to get momentum. Closed at 15 today. Maybe mid 15's Wensday and an intraweek high of 16? Lead up to earnings moving up and on Oct. 22 we get a 2 point pop to say 18. Sound good? I contend the future is bright. Eh Steve? Yep. Good night Steve. Good night. Steve d.

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