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Strategies & Market Trends : Meristar Hotels & Resorts (MMH)

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To: professor who wrote ()9/23/1998 1:10:00 PM
From: professor   of 21
 
Lehman analyst initiated coverage of MMH with a strong buy - 1 rating. She thinks the eps will grow by 62% in 1999. She is looing for 21 cent next year and thinks the stock should be worth at least $4 . Another 550,000 share block at $2.50 traded today. It looks like Robert Bass continues to accumulate stock.
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