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Technology Stocks : XO Communications (XOXO) -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (904)12/4/2001 1:01:16 AM
From: Ronald P. Margraf Sr.  Respond to of 1018
 
Softy,

Read it, an when I say read it, i mean read it.

Later,

Ron



To: Softechie who wrote (904)12/4/2001 10:25:23 AM
From: SecularBull  Respond to of 1018
 
Re: SEC


Thank you for contacting the SEC about the recent announcement by XO
Communications (XOXO).

In general, the issue of whether and when common stock shareholders'
approval is required for a business decision made by company management is
governed by state, not federal law. XOXO's common stock trades on the
Nasdaq (www.nasdaq.com), and Nasdaq rules also address shareholder voting
rights, as well as corporate disclosures.

We will carefully review your request for an investigation. However, we
cannot tell you whether or not we will-or have already begun to-look into
the issues raised in your letter. This is because SEC conducts its
investigations on a confidential basis. We also cannot provide you with
updates on the status of your complaint. We know this policy can be
frustrating, but it protects the integrity of our investigative process and
preserves the privacy of the individuals and entities involved. I've
attached a flyer that describes our policy more fully.

Once again, thank you for contacting the SEC.

Sincerely,

oiea@sec.gov



To: Softechie who wrote (904)12/4/2001 11:01:20 AM
From: SecularBull  Respond to of 1018
 
McleodUSA (MCLD:Nasdaq - news - commentary - research - analysis) said it has reached a recapitalization agreement with Fortsman Little and its security lenders. Under the terms of the deal McleodUSA shareholders will retain 30% of the company's new shares, and the company isn't ruling out bankruptcy. The stock was heavily traded in the early session, falling 12 cents, or 23.1%, to 40 cents.