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Non-Tech : Extended Stay America (ESA)

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To: mark joyce who wrote (132)4/28/1999 11:28:00 PM
From: Lynne Good   of 133
 
Mark,
I'm no stock guru, but my theory is that the trend now is to buy the AOLs, EBAYs, and other quick movers with the chance of a quick jump. ESA is still out of favor as the sector is not hot right now, Wayne H is not popular on Wall Street because of previous earnings
disappointments with Blockbuster and Waste Management, and ESA is still a relatively new name in the industry. They have a quality product and the sheer number of new facilities popping up everywhere will soon make it more recognizable. Eventually the earnings will catch up with the rapid growth and it will be impossible to ignore this one. I guess you can tell I really like this company and will hang in there for as long as it takes to move.
Lynne
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