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

To: Ashley800 who wrote (723)	9/25/2001 8:54:04 PM
From: Larry Brew	Read Replies (1) \| Respond to of 1418

Ashley800, Institutional selling of stocks under a buck was a requirement I wasn't aware of. Real time institutional holdings would be nice. I only have it quarterly here on SI and can only find short interest monthly and delayed. Below------MCLD --------Short-----Volume--- Ratio 08/01 24,856,787 8,663,471 2.87 07/01 24,676,147 14,505,725 1.70 06/01 22,100,236 11,293,337 1.96 05/01 23,732,872 11,730,121 2.02 04/01 27,750,334 10,072,273 2.76 03/01 27,764,117 8,828,058 3.14 Larry

To: Ashley800 who wrote (723)	9/25/2001 9:06:49 PM
From: Larry Brew	Respond to of 1418

Ashley, As you see MCLD has Nasdaq short interest. Small and consistant. Additional info: MCLD's top 20 ranking(s) for the past three months: 08/01: 20th on short position 07/01: 18th on short position 07/01: 16th on average daily volume 06/01: 20th on short position Larry

To: Ashley800 who wrote (723)	9/25/2001 9:24:47 PM
From: Larry Brew	Read Replies (1) \| Respond to of 1418

Ashley, one last thought. As of 6/1 Wellington mgmt held 60+ million shares. As of the latest 13 filing I believe on the 10th, you can see from pasted below they have 75+ million disposable shares. (a) Amount beneficially owned: WMC, in its capacity as investment adviser, may be deemed to beneficially own 75,987,290 shares of the Issuer which are held of record by clients of WMC. (b) Percent of class: 12.17% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote 12,250,890 (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of 75,987,290 Larry

To: Ashley800 who wrote (723)	9/25/2001 10:57:10 PM
From: Softechie	Respond to of 1418

Private Equity Investment The Company announced on August 1, 2001, that investment funds controlled by Forstmann Little & Co. ("Forstmann Little") agreed to invest $100 million in the Company to provide additional funding. In exchange for the investment, the Company will issue 36.4 million shares of the Company's Class A common stock. Forstmann Little has also agreed to exchange the convertible preferred stock it acquired in 1999 for convertible preferred stock that has no dividend. The conversion price of the Forstmann Little preferred stock will be reduced from the current conversion price of $12.17 per share to $6.10. The transaction is subject to customary closing conditions and is expected to be completed by the end of the third quarter. Once closed, Forstmann Little's investment in the Company will increase to $1.1 billion, representing a fully diluted ownership interest in the Company of approximately 20%. Debt Draw Down On July 10, 2001, the Company announced that it had accessed an additional $175 million of its $1.3 billion Secured Credit Facility, leaving an undrawn committed balance of $550 million.