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

To: Softechie who wrote (727)	9/26/2001 10:42:08 AM
From: Ashley800	Respond to of 1418

<<<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. >>> I agree it could (and probably is) funds dumping. But if that's the case, don't think it is over here, they have 300 million shares if they own 45% of the company. We have only sold maybe a 1/3 of that so far in the last week or so. And assuming we have had some short covering buying, you are right there is little real buying going on. As far as FL having a dark side, strange what some will do why they are are down a billion.