Very nice, I love my Razesa----the ride is aggresive and the handling superb. I too would guess a higher end tubing frameset, maybe SL or SLX. Mine is SLX and has the cable running through the top-tube.

Razesa is a small boutique company that was contracted by Zues to make their higher end frame sets, something like the Litespeed-made "Treks" that Lance rode. Someone told me that Indurain rode a Razesa when he was a junior but I don't know this for sure. They still exist and make some awesome products at www.Razesa.com

Here's mine, these photos are old, the bars have changed a lot