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Strategies & Market Trends : Sharck Soup

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To: interesting man who wrote (22338)5/11/2001 11:41:31 AM
From: Dave Gore   of 37746
 
FYI/ Some buying on L2 - McLeodUSA (MCLD) 6.21 -0.04: Robertson Stephens initiates coverage with a BUY rating and price target of $9; believes company is one of the best-positioned CLECs in the US and expect company to emerge as a large national carrier over the next decade; MCLD's advantages include: first-mover advantage in many of its markets, given the small size of its addressable tier II and tier III markets, firm does not believe there is room for additional competitors in most of company's markets; and given lack of fiber outside tier I markets, firm believes MCLD has competitive advantage in delivering data services to tier II and tier III markets.

Not sure if this will go up in this Market or not. Do your own DD, but has been basing for awhile around $6
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