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

To: Larry Brew who wrote (724)	9/26/2001 10:36:13 AM
From: Ashley800	Read Replies (1) \| Respond to of 1418

<<<Institutional selling of stocks under a buck was a requirement>>> I didn't say requirement, I think I said "general rule". I think this is the case with most (maybe not all) institutions. If that is the case, then we have more selling. 45% of the shares is 300 million shares +/-. It would take 8-9 trading days like yesterday for them to unload all the shares. As far as the short numbers from 8/1, you would think they would of covered by now. That's a concern as they would of been the buyers. Without them where would we be.