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Non-Tech : Extended Stay America (ESA)

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To: Lynne Good who wrote (131)4/28/1999 8:40:00 AM
From: mark joyce  Read Replies (1) of 133
 
Lynne,

I do follow the stock and the thread, but the stock just hasn't moved. I hear conflicting things. Friends in the industry don't think that the company has a viable long term business plan, others are much more optimistic:

Callinan may also be a step ahead by snatching up Extended Stay America (NYSE:ESA - news) , an operator of lodging facilities. 'I think it still has a double in it,' says Callinan, who praises it as the No. 2 player in its sector. The company has also been gaining market share.

in any case, the stock didn't move much in spite of a 60% surprise.

mark.
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