Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (38444)	6/30/2001 5:58:54 PM
From: stockman_scott	Read Replies (1) \| Respond to of 65232

<<: Looks like your MCLD is hanging in there>> RR: My MCLD is doing just fine....I took some profits Friday but still hold most of my shares -- I'll take close to a 50% gain in a week anytime it can be found <G>. I'm still very bullish on MCLD's future potential...It seems to be way oversold and could have a nice run back up towards the double digits ($10+) in the month of July. That's assuming the Naz does well and the institutions continue to board the train. Here are some comments that just came out... <<News just released Saturday; Not surprisingly, even the best-run Clecs have taken a beating. McLeodUSA, for instance, has plunged 82 percent in the past year to its current price of $4.42. Indeed, the company's extremely low value spurred analyst Glenn Waldorf of UBS Warburg to beseech clients this week to take another look, saying that McLeod was worth no less than $6.40 and probably closer to $12. "(T)he stock is not trading like a fully funded company with over $1 billion in liquidity and a significant cushion as well as rapidly growing" cash flow, he said.>> IMHO, MCLD is THE STRONGEST CLEC in North America and they will be a survivor. Wish I had more cash to invest....=) I hope you and your family have a great weekend too. Best Regards, Scott