Communications: Sorry, Right Number

What could be more useful for, say, an insurance salesman or an executive recruiter than a major corporation's internal telephone book, complete with direct-dial access and perhaps even everyone's home number? Manhattan Businessman Steven Olsen, 24, thinks there may be gold in them thar numbers. In November his Corporate Information Services will begin selling the directories of 250 companies as a package.

The prospective sale of such in-house information upsets some firms. Said Robert Stovall, director of investment policy for the Wall Street firm Dean Witter Reynolds, whose directory will probably be...

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