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Technology Stocks : Excel Communications

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To: Rob S. who wrote (2279)10/17/1997 11:15:00 AM
From: Rob S.   of 2806
 
Excel coverage was initiated by Lehman Bros. today with a BUY rating. This indicates that they are looking at the forward quarters as showing good prospects for growth and profits.

I agree with that recommendation and recommend buying ECI at the current price with expectations for appreciation into the mid 30s within six months IMO.
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