I was looking to export the abc as hair not guides. As I said, V7 has that set of buttons you could choose what gets exported, hair or guides.
In Unreal if you import the abc from V7 and had selected hair, you would get hair, otherwise you would get guides.
In V8 there is no setting I can find and even with Hair from Guides on the stack I get guides only, not hair, as evidence by the strand count in Unreal which matches the amount of guides I have, not the amount of hairs.