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Non-Tech : Extended Stay America (ESA)
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To: Stephen M. DeMoss who wrote (96)10/6/1997 9:24:00 PM
From: Stephen M. DeMoss   of 133
 
I'm talking to myself again but thats okay. I called the company today. The true date for earnings release is October 28 NOT October 22 as originally stated on this board. They will not pre-release which is good news ie. no earnings dissapointment most likely<G>. I was concerned about one thing. I got a report yesterday detailing everything about the company. Although there was net purchasing of the company by institutions, the company itself had 5 insiders selling and none buying. I asked Mariesa McClafferty about it (by the way she is very gracious and sweet and helpful) and she said she can not answer why but will have Greg Moxley call me back. The bad thing is that he couldnt call me today and I will be out of town the next 3 days. Can anyone else call for us? The number I called is 954-713-1624. The main question I ask you to ask, 'Why the inside selling?' I just dont like the ratio: 0:5. Will some one please make the call and report back this week? Otherwise, more positive news was released of another property, in Oklahoma City (the first there)being opened last Friday. They are setting the stage for a nice revenue base and earnings base for years to come. Okay, I will try to log on from a library or something and see if anyone did the homework<G>. Sleep well! Steve D.
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