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Technology Stocks : Excel Switching Corporation (XLSW) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Edwards who wrote (2)	11/8/1997 8:21:00 PM
From: mark j. marvier	Read Replies (1) \| Respond to of 222

With investment banks like Morgan Stanley and Hambrecht & Quist involved, expect initial coverage reports to push this stock well into the 30's. With positive earnings and ramping business the next couple of quarters could make this lagging IPO one of the NASDAQ's best performers. With their recent cash windfall, look for possible aquisitions to help growth remain at 50%+. I rank this a great buy at only a 15% premuim over public offering price.