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Technology Stocks : Excel Communications

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To: Joe Jackson who wrote (2266)	10/13/1997 10:49:00 AM
From: Rob S.	of 2806

Thanks a lot for the very upbeat report. Mary Bell, VP of IR, said a while back that Excel planned a road show to the NY & Boston investment community. This will be a significant event that should help to move the stock forward. Excel has some experience now as a publicly traded company and has put in place the management team and the facilities to move forward agressively and on very sound footing. This story should play well with Wall Street analysts and institutional investors. The stock may move up to the mid 30s within a few weeks. With some additional news and upward earnings estimates revisions it could be in the high 30s to low 40s.

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