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Technology Stocks : Excel Communications

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To: Ron Dean who wrote (2470)	1/8/1998 1:24:00 PM
From: David Coakley	Read Replies (1) of 2806

Regardless of the attempts here to frighten current shareholders so shorts can line their pockets, Excel will earn $1.50 over the course of 1998 and the stock, despite some ups and downs, will see the upper $20's during the year. Telco's often sell for 20 times earnings and if (as some would like you to believe) Excel starts to shrink, they would likely be bought out for a higher multiple than that. As for where it is headed from $13 1/2 I doubt it will go much lower and the next big move will be higher. (I could be wrong and you're on your own.) Good luck all shareholders and honest investors. David P.S. Anyone who was an ECI rep that gets online and badmouths his/her former ally is a sore loser. If my intuition is correct, its a sleazy way of trying to sign up reps in their new organization.

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