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Technology Stocks : McLeod, Inc. (MCLD) ---- IPO

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To: Sean Salisbury who wrote (593)5/21/2001 11:16:03 AM
From: Doug Bean  Read Replies (2) of 1418
 
Sean:
Thats good.
I think we are in for a period of not much change.
In my opinion its going to take a couple of quarters before we see real growth, buut believe me MCLD is going to be one of the survivors and when there are 10-12 less clecs out there it wil lbe better for all the remainiing ones.
By the way get ready for a layoff announcement, perhaps even this week.
It should be about 8-10%. I am not sure if that will help or hurt the stock price. they have spent some time lately looking at where they can cut . It sounds like there will be a few mid- upper mid level people let go too.
By the way ,, I still have all my shares and have added at these levels, but not too much becuase I have so damned much now :-)
CRDoug
Good luck
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