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Technology Stocks : McLeod, Inc. (MCLD) ---- IPO -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (710)	9/25/2001 4:34:02 PM
From: Ashley800	Read Replies (3) \| Respond to of 1418

<<Good one.>> What does that mean? Obviously they own a billion dollars of preferred stock of a company that has a market cap of 300 million. I wouldn't call that "some". My guess is they are going to bankrupt the company and fold it into xo (which they may also bk) and form a new company with all the combined assets. This is nothing else but my opinion. I have been long since $11 and rode it to $22. And I bought a bunch more shares at .62 Friday. Not buying anymore as I cannot come up with any other reason for the stock to be heading to zero other than Forthsman wants it to be at zero. Anyone have a more plausible explanation why we're down another 30% today? How about your thoughts Soft or are you still LOL?