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Non-Tech : Extended Stay America (ESA)

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To: Marshall Teitelbaum who wrote (4)2/20/1997 7:49:00 PM
From: J. P.   of 133
 
Marshall,

Yes, I read the business week article, and I have a lot of
shares of Republic Industries (RWIN). Although RWIN has been
severely pounded in the last couple of weeks, I believe that
"playing with cars" is going to be a home run.

I'm a former resident of Miami, and still keep a property down there
so I keep close tabs on what Wayne is doing is South Florida.

Recently, besides RWIN, he's 1)brought the Panthers to the Stanley Cup Finals 2)Fired Don Shula and Hired Jimmy Johnson, look for Dolphin super bowl in the next coupla years.
3)Taken PUCK public - you probably know the result of that...

I wonder if STAY will be the success of all his other ventures? It's price looks a bit high, and I'm hesitating. Any reason to buy into this besides the Wayne factor?
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