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Technology Stocks : Excel Communications

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To: Walt Bishoff who wrote (2747)	7/16/1998 11:24:00 PM
From: J. Brent Reeves	of 2806

Walt, I really don't care what you've made or lost on ECI or any other stock. What's your interest in my profits? I was illustrating to little Davey that there's money to be made on a stock that isn't stagnant, no matter how ugly the chart may be. ECI is a very ugly chart, but it certainly isn't stagnant. Lots of ups and downs. June was a very good month for me in ECI because it headed into the $28 range on BUYOUT rumors. I got out and put put most of my ECI holdings into cash. On Monday, June 15 ECI took a heavy hit down to almost $21, and I got back in on what I viewed as an overreaction to the MERGER. On Wednesday, June 17 it took off again, going above $26. I got out. I'm now waiting for it to hit $22; ready to pounce. That's my plan with ECI; what's your? TGO seems to have lended some stability to ECI. Good luck with your investments. --JBR--

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