McLeod, Inc. (MCLD) ---- IPO Message Board

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

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To: Larry Brew who wrote (1038)	11/29/2001 9:36:18 AM
From: Jim Spitz	Read Replies (1) of 1418

From the XOXO news release: biz.yahoo.com Following the close of the investment and the balance sheet restructuring, Forstmann Little and TELMEX will each own 39 percent of the company's outstanding equity. The remaining equity, other than that allocated to the company's employees, is expected to be held primarily by holders of the company's senior notes. Consequently, current holders of the company's equity securities are expected to lose substantially all of the value of their investment as a result of the restructuring. wow. Current XOXO shares worth $0. Stay in the Black! jimS

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