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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: Venkie who wrote (2335)	6/22/2001 4:17:35 PM
From: stockman_scott	Read Replies (2) \| Respond to of 13815

<<why those 3 stocks<gg>..>> There are some other good ones out there too. Yet, those 3 stocks (MCLD, OCPI, and STOR) are the ones I'm holding and position trading. These firms all should benefit from another FED rate cut and they are oversold compared to their true potential in their respective spaces. All of the companies have very strong leadership and institutional support. Yet, the Houses have been manipulating the prices on all of these stocks and they have been very volatile in the last few months -- what's new <G>? I prefer to focus on a small number of stocks I know well and position trade them in a disciplined way. I just added MCLD to my stable this morning...I sold my BORL for a slight profit and rotated into a large MCLD position at around $3.11/share...I am familiar with McLoed (MCLD) since I used to live in Iowa -- the founder is a famous entrepreneur who has sold a company to MCI and has built MCLD into quite a successful CLEC -- Forbes did a great story on Clark McLoed a while back --> he WILL NOT let this company fail....When I realized I could scoop up some of his shares at near fire sale prices I moved quickly....of course there is risk with a CLEC play but I like my entry point, the stock's got great momentum now for the last 2 days, and I ratchet Limits UP to protect gains in the event of a big sell-off. I am targeting to start taking profits on MCLD in the $5-6 range in the next 10 days...Lets hope I hit my target on time or ahead of schedule...=) Have a great weekend. Best Regards, Scott