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Technology Stocks : Excel Communications

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To: Miami Phillips who wrote (2724)	6/17/1998 3:04:00 PM
From: Rob S.	Read Replies (1) of 2806

Commercial sales is still a small part of Excel's overall sales but it is expected to contribute 50% of the sales growth this quarter (per statements made in the conference call). Excel added about 6,500 commercial accounts in just the past four months and the program is just getting started. Teleglobe has been growing at around 25%. Kenny and Sirios (sp?) said that they expect to at least maintain that level of growth if not accelerate it. They expressed that they will be very busy with all the possiblities for brining out new products and new opening up new countries. If you have prospects in or with connections in Britain, Japan, Canada, and continental Europe, I suggest getting them on-board now. The initial growth in those virgin markets should be spectacular.

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