Ruby Excels not

[Casimir]

Ok so I wanna play with some spreadsheets. Lets see. Lets copypaste from
the pickaxe.

require 'win32ole'


# Creates OLE object to Excel
excel = WIN32OLE.new("excel.application")

#and so on...

Ruby replies:
myExcelApp.rb:9:in `initialize': unknown OLE server: `Excel.Application'
(WIN32OLERuntimeError)
HRESULT error code:0x800401f3
Invalid class string from myExcelApp.rb:9:in `new'
from rudumapponator.rb:9

Ie. no joy. Something wrong with the Win32Ole library?