The quick and dirty way to export is to turn the memo into a character field with a select statement:

SELECT FLD1, FLD2, LEFT(FLDMEMO,250) AS MemFld INTO csrTest
COPY TO xlfile XL5

Note that you lose info if you have more than 250 characters in your memos (We dont).

Or, saving a few bytes:

CALC MAX(LEN(TRIM(fldMemo))) to lnMemLen
SELECT FLD1, FLD2, LEFT(FLDMEMO,lnMemLen) AS MemFld INTO csrTest