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To: Christopher J. Plachta who wrote (1443)	2/4/1998 12:42:00 PM
From: Summer Wind	Respond to of 3967

Chris: I am sure Joe belives in XECM every month when he gets the $25000.00 check for consulting...... I could cry a sad story too. What does he do to earn this money, I have ask him and got a double sided answer...... I guess, given the time, every dog will bite himself sooner or later. J

To: Christopher J. Plachta who wrote (1443)	2/4/1998 2:22:00 PM
From: uu	Read Replies (1) \| Respond to of 3967

Chris: Re: Your serious question regarding XECM In all seriousness, over a year ago I wrote the theme song to XECM and if you read it word by word (in all seriousness) it does explain the company techstocks.com At some point a stock such as XECM will have a dead cat bounce reaction since it has been going down for the past 3 months setting new lows practically every week. However the dead cat bounce effect will be very short lived and perhaps at best as much as 10%. As when it will happen its anyones guess. I personally thought we will see this hollow bounce when the stock was at around $0.24-$0.27/shr back in December when I decided to use the money I had set aside to gamble in Vegas and instead buy XECM (thanks to my in laws who came over for Christmas and thus we did not go to Vegas!). But with the stock at $0.13/shr even if the dead cat bounce to take place today I do not see this stock going above $20-$25/shr at best unless of course some extra ordinary news come out (such as Jesus being appointed as the new CFO, or Bill Gates investing $1 billion in the company)! Of course as always just my humble opinion. Regards, Addi Jamshidi P.S - Evangelist Lanza if you are reading this I am still waiting to get an answer to my question to you posted in Message 3330541

To: Christopher J. Plachta who wrote (1443)	2/4/1998 3:01:00 PM
From: Wes	Read Replies (2) \| Respond to of 3967

Chris: You have asked the single most important question there is about this company. The problems you recite are real. Is there any hope? For whatever it's worth, I'll give you my version of what has happened and Xecom's chances. This is going be too long and I apologize. If you have been with this company from $4.00 to 0.13 [as I have] much of this history is old news. Joe Lanza was supposed to be the venture capitalist and money man for Xecom, but he ran out of money. So, in 1996 Xecom issued a whole bunch of preferred stock to continue the installation of the bases. All of the common stock was watered down and diluted by these transactions. The full extent of the dilution is now being felt. I expect there to be somewhere near twenty million shares common shares at the year end reporting period. Over fifteen million were reported at the third quarter. The investors who bought the preferred thought they were getting sweet deals; but some are beginning to have second thoughts. Voyager Management, for one, is upset with the management of Xecom, as it made clear in the 13D it filed. Voyager may just agree to sell it's stock or may take action to oust Xecom management or simply do nothing. We will all wait to see how this plays out. It is an important event and needs to be watched. But, notwithstanding the fact that Xecom gave away the store insofar as our shareholder interests were concerned, the real question is can it survive, be successful, and grow enough to justify the huge amount of common now in existence? As usual, there are no simple answers. I believe Select Switch is gaining ground and increasing the cash flow of the company. The year end report due out February 15, 1998, should give us a clearer picture. We all know that the equipment financing payments begin June, 1998. If the company cash flow is sufficient to pay this bill, it will survive; if not, well, the company will not survive, unless more capital is raised.I believe it will be able to make the payments because of Dennis Casey's commitment. Insofar as our stock value goes, it will be some time before the market is going to get over the shock of the growth of stock in the company; just think of it, a tiny company like Xecom with twenty million shares, ridiculous. I believe the asset value of Select Switch probably exceeds twenty five million. So, perhaps, assets equal or approach debt; that angers me, but it is where we are now. Bottom line? I believe Xecom will survive but it will take time to absorb the stock growth and allow the price of the stock to appreciate. Can Xecom grow as now organized? I believe Joe Lanza wants the company to succeed, but I don't think he is the person to make that happen. Joe, for his sake and ours, should completely step aside and let someone who knows about the telephone business do the consulting for Xecom; Joe's a very large shareholder, even larger than he let's on; he doesn't like to acknowledge it for reasons he doesn't talk about; but he should get his ego under control and let this company be run like a real company and not a mom and pop store. Wes.

To: Christopher J. Plachta who wrote (1443)	2/4/1998 4:08:00 PM
From: Financial Internet Group	Respond to of 3967

*Response from Joe Lanza* Chris, (Sorry, I just HAD to respond.) Xecom is really a start-up company. It has spent and is spending borrowed funds. The question I put to you and others is this: Do you see another company that has borrowed $30 million, then refinanced, dropping the interest rate from 11.9% to 10.25%, all on a supposed value of $3.6 Million? I cannot tell you for sure why the price of Xecom is down but the company is moving ahead. I know you and many others are angry. I am angry, too, but I don't have an axe to grind. I am not paid when you buy or sell-- when the Xecom price goes up to certain level, I will make money. I win with higher prices, just like you, Wes, Jack and the others. Xecom has made huge improvements and will continue to make them. At the current time Xecom needs to buy back the preferred D position. Andy Proctor is a good guy but the street will play his stock position like a fiddle. The traders can short sell the stock to their heart's content, knowing they can always go to Andy to cover themselves. Dan has said in the past that I never say anything bad about Xecom. Usually this is because I'm the last guy to know. Maybe you think it's too late. I don't believe that. I don't want anybody else to get jacked up and down by the traders. 15 cents is as low as people can buy at this time, knowing about Andy's position. Once that position is gone, I feel the stock will move--and I hope it's before February 23rd. Joe