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

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To: BWAC who wrote (617)6/25/2001 11:39:21 AM
From: stockman_scott   of 1418
 
MCLD's CFO, Lyle Patrick says firm has an UNDERvalued stock...

public.wsj.com

<<McLeod's chief financial officer, Lyle Patrick, says the Cedar Rapids, Iowa, company has an undervalued stock, not overvalued assets. "We do not see asset-impairment write-downs coming at all," he says. McLeod shares stood at $3.50 on Friday, 85% off their 52-week high.>>

I tend to agree...I have made a nice profit on my MCLD investment since last Friday morning but intend to HOLD my MCLD quite a bit longer. IMHO, MCLD could have a nice run this week as we get the new FED Rate Cuts...=)

Best Regards,

Scott
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