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Non-Tech : Extended Stay America (ESA)
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To: Arnie Doolittle who wrote (92)10/2/1997 2:50:00 PM
From: Stephen M. DeMoss   of 133
 
Dear Arnie, Esa and Rii are apples and oranges, both fruits. They both reflect their owners personality. Both are growing through building and aquiring and doing it fast. Both are in demand in today's economy and lifestyle. Both are home run hitters in their individual niches. I don't understand what you don't see. Have you ever been in one of these hotels? If you have, you know they are very nice and very cozy. But they also work well with the pocketbook. Earnings eventually will drive the stock. After the company runs to about 40, Wayne will start looking for a buyer for about 45-50. Time will tell. Thanks for joining in! Steve D.
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