>Is it possible to pass an ADO Recordset to Excel 97/2000 and show the records in excel from VFP 7 ?

Yes,
Check QueryTables.Add. In simple form :
with oExcel.ActiveWorkbook.ActiveSheet
.QueryTables.Add(oRs, .Range("A1"))
endwith

You can also check a sample using it in FoxyClasses (dbf2excel).
Cetin