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Strategies & Market Trends : Three Amigos Stock Thread

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To: JoeinIowa who wrote (25036)	5/16/2001 6:52:47 PM
From: Sergio H	Read Replies (2) of 29382

MCLD Joe, this stock has been hit along with other CLECs but maybe a little harder. The two largest mutual funds holding MCLD were Putnam and Janus. Both were forced to liquidate part of their holdings as the two funds have been suffering from the largest cash outflow of all mutual fund families, according to Morningstar. Additional selling resulted from recent lowered earning estimates. MCLD hit a new 52 week low today. Look for strong bounce when it hits bottom bollinger. Sergio

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