Extended Stay America (ESA) Message Board

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Non-Tech : Extended Stay America (ESA)

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To: Lynne Good who wrote (114)	1/27/1998 7:16:00 PM
From: Stephen M. DeMoss	of 133

Lynne, What do you mean there are allot of shares. I have a float of 37million. It also has a lot of institutional ownership. I was very encouraged how it traded near the end of the day. It was in a tight range all day around 111/4-3/8 on only 80000 shares. Then 400,000 was traded the last 40 minutes of the day! Strong volume with a nice up move! I am encouraged! I hope clinton doesnt resign or something like that <G> to rattle the markets! No asian trading so if all things are equal, we should break 12. Recently, the stock had traded up about 21/2 points in a ten day period. All we need is some up momentum! All the report looks excellent! On the theory, I notice that short term the big boys gave some breathing room to both RII and Esa today. THANKYOU BIG GUYS! We are sorry for everything! Wayne really is a good guy! (Sorry Lynne, I got giddy, Ive been down trodden so long!). Steve D.

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