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Non-Tech : Extended Stay America (ESA)
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To: J. P. who wrote (5)2/20/1997 9:45:00 PM
From: Marshall Teitelbaum   of 133
 
No Top,

Check out today's news. Increased openings this year, with 72 instead of originally expected 60. Lots of other interesting tidbits in the release, also. Likely will be a nice growth stock for a while, although it is a bit overpriced. However, it is not as overpriced as it might first appear, and absolutely is not in comparison with other Wayne companies. Looks like a solid company. However, not sure I'd want to buy it over 20.

Regards,

Marshall
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