RCN Corp. (RCNC) - Voice-Video-Internet Message Board

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Technology Stocks : RCN Corp. (RCNC) - Voice-Video-Internet

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To: jas cooper who started this subject	1/9/2001 4:04:07 PM
From: zebraspot	of 720

RCN insiders bought more than 1.5 mln shrs PRINCETON, N.J., Jan 9 (Reuters) - Telecommunications and cable TV provider RCN Corp. (NasdaqNM:RCNC - news) said on Tuesday that board members and executives bought more than 1.5 million shares. The company said in a statement that the purchases in late December were the biggest monthly purchase of stock by RCN insiders ever. The purchases were made apart from any company-sponsored plan. Board member Walter Scott and Chairman and Chief Executive David McCourt led the purchasing. Scott bought 1 million shares and McCourt purchased 500,000 shares between Dec. 22 and 28. Other board members and senior executives bought a total of 38,000 shares during the period. RCN shares were up 13/16 at $6-5/8 on the Nasdaq market.

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