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Technology Stocks : Excel Communications

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To: McNabb Brothers who wrote (2486)	1/18/1998 11:27:00 PM
From: Joe Jackson	Read Replies (1) of 2806

The thread will live with or without you. I have not been posting anything because there has not been much to post. Obviously I would like to see ECI doing better but I am still patient and I still believe there will be a day when this price will have been a steal. Excel is still a new company and they are still adjusting to marketing circumstances. There biggest reason for lower 4th quarter earnings is can be attributed to there attempt at lower intrastate rates and expecting to get into the local market earlier. There losses are minimal when compared to that of MCI and ATT for the same reasons. The LECs have done a good job of dragging things out in the political and legal system and preventing long distance companies equal access to the local market. They won't be able to prevent it forever and ECI has backed off to wait it out while letting the bigger ATT, MCI, Sprint spend the big bucks fighting the battle. ECI is now concentrating more on long distance with the addition of their new plan for profitable commercial accounts and looking to more international business.

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