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

To: Jack Hartmann who wrote (1385)	7/17/2003 11:49:25 PM
From: Ronald P. Margraf Sr.	Read Replies (1) \| Respond to of 1418

Well Jack, That might not be bad action if you are looking for an entry. I would like to see this get back in the 1.40 range just before the earnings report and then take off. I missed this last run because I was stuck in MOT but now that I've sold and freed up some cash, I would be really looking for a good entry before the next run. I see that the earnings report is going to be coming out @ 10AM on the 23 of the month. Now for me, I take that as a positive sign. Going to be a good report. Otherwise it would be coming out after 1600. So my thought here is, take it down now and take profits and buy it back just before the earnings come out. Just my opinion of course but that is my take on it. Right now, I have 5 out of 5 indicators that tell me that this is or will shed a few more points before 23 July. If it blows through 1.40 your looking at the 1.25 range. Now that would worry me. So for right now I would say that over the next couple of days it will probably pull back to the 1.40 range and wait for the earnings. If so, I will increase my position. My thoughts are that the only reason that this has moved up in the first place was because of the 1st Q earnings and the deal with GM. There is anticipation that this next earning will also be positive. Hope I'm right.;-))) Ron