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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: James Wright who wrote (8797)9/15/1998 8:58:00 PM
From: Ken W  Respond to of 29382
 
James,

ESA..They seem to be opening new hotels at a breakneck rate.
4 or 5 were announced on the 14th. I would suspect that these
startups are very expensive. Given that they do not seem to
have much cash, where are they getting the money for all of the
development? I would think that if they are growing (projected)
faster than what their eps can support......down she goes.

Ken