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This guy goes back a long way on his picks. Pretty soon he is going to take credit for Microsoft, if he didn't already.

AANI today closed right at a new all time high of $1.83! I have alerted you about AANI more than almost any other stock during the past year. It is now up 245% from my long-term strong buy profile in JANUARY at $0.53.

If you read back in AANI's SEC filings, Ronald Durando the CEO of XDSL filed a 13G on January 26th declaring that he owned 1.62 million shares of AANI.

Well I believe his company XDSL is about to make a big move like AANI did.

XDSL has three different divisions: the mPhase TV+ System for delivering television over telephone line, their DSL components business, and their new nanotechnology battery business.

During the past two days XDSL has filed three different 8-K's with the SEC disclosing material events:

1) Lucent Russia has selected mPhase Technologies, Inc.'s TV+ System to offer video and data services to a telecom services company for its Far East Region customers. The customer is one of seven regional mega-telecommunications operators in Russia owned by a single holding company. The initial pilot project completed through the Lucent sales channel is for 1,000 subscribers. The regional operator serves more than one million subscribers.

2) Norwalk, Conn., November 22, 2004 - mPhase Technologies [OTC: XDSL] today announced that it has been selected to provide its automated network access product, Broadband Loop Watch, for the Saudi Arabia Telecom broadband network. The initial purchase order is in excess of $1 million US.

3) Norwalk, Conn., November 23, 2004 - mPhase Technologies [OTC: XDSL] today announced that is has been selected by a leading pan-European broadband networking company to provide its intelligent POTS Splitter Solution (iPOTS1) for a broadband deployment.

While XDSL has disclosed three deals with the SEC, they have yet to issue press releases about them. I am EXTREMELY EXCITED about these three deals because finally XDSL is going to begin generating revenues from their mPhase TV+ system and we should see big revenues from XDSL during these upcoming quarters from their DSL products.

However, the BIGGEST potential with XDSL is their nanotechnology batteries. XDSL is developing nanotechnology batteries with Lucent technologies and XDSL is committed to bringing this technology to the marketplace within the next 18 to 24 months.

Originally when I started covering XDSL two years ago it was only $0.17 and it afterwards ran as high as $0.76. Right now XDSL is only $0.28. I believe we will see it go back to $0.76 soon or higher. Remember, this was a $20 stock back in 2000 during the Internet boom and while most technology plays from 2000 have gone out of business, XDSL has survived and is about to prosper.

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My firm Lebed & Lara, LLC, has been compensated by XDSL 100,000 restricted shares for a one-year investor relations contract. Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer goto http://www.lebed.biz/disclaimer.htm

Jonathan Lebed
Lebed.biz
Staff