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Technology Stocks : Excel Communications

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To: McNabb Brothers who wrote (2359)	12/11/1997 12:03:00 AM
From: Joe Jackson	Read Replies (1) of 2806

You can't miss on this one. They have never required a fee be paid to be a rep. You can now, and could have since Excel started, become a rep by putting up a one time fully refundable $50 application deposit. The fee you are referring to is an optional fee that can be paid in order to receive services such as training by a qualified trainer who is paid by Excel, monthly statements, newsletters, homeoffice support, bookkeeping, and downline reports. All of these are valuable tools and most successful reps gladly pay this $195 fee for these services. When you need services in your business don't you pay for them? The fact is that it is illegal to charge someone to be in a MLM plan. They have to be given the option of getting in for free. I have two friends (actually I have more) and one of them bought a McDonald's and paid almost a million for it. The other one joined Excel and paid the $195 for the optional management services package. They both did this about 4 years ago. I haven't got the latest figures but last year about this time the Excel rep was making six figures and it was quiet a bit more that the McDonald's guy. So what is the big deal over the fee. Where else can you start your own business that cheap? Also, what is the big deal if Excel gets to count it as revenue. It is not a profitable position for them. They pay out more in bonuses for each rep coming into the business than the $195 so that can't be where they are making their money. In fact that is why they are not making it according to the fourth qrt preview. Their marketing cost are more than the fees and the more reps they get in a quarter the more the initial (one time) cost To Excel. It pays off in the future because those reps are gathering more customers that will bring in future revenue over and over. I still like your idea a while back on the model cars. You made a good point about the ease of collecting them instead of the real thing. I think I am getting a 55 Olds for Christmas.

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