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.

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

To: Ashley800 who wrote (716)	9/25/2001 9:26:02 PM
From: Softechie	Read Replies (1) \| Respond to of 1418

Just say FL has a darkside in them and they want the whole operation for themselves. I wouldn't suggest BK. I would suggest them to do a deal like Covad and paying 15 cents on the dollar to bondholders and restructure other debts. That way they still can keep the common and prefered shares w/o losing all to bond and debt holders like others. Mark my word, it will not happened. The selling pressure is due to funds dumping and no major buyers out there to take the selling shares and it keeps dropping. Look at the volume today. It's huge. It may set another capitulation point. I would say we have found a bottom here.