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Technology Stocks : MGC Communications, Inc. (MGCX)
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To: sargent who wrote (28)4/11/1999 9:58:00 AM
From: Liren Chen  Read Replies (1) of 61
 
Inside sell happened this year. Inside buy happened last year.
The following information is very important:

Thomas G. Keough (VP) sold 2,855 + 2,750 at price $5.94-7.00
in January of 1999.

Bear Stearns Sec. Corp sold 2,793 shares on 2/9/99
(Bear Sterns is leading underwriter of MGCX)

Turnberry Cap Partners, LP (a venture capital) sold 23,401 shares
on 2/16/99.

Kris Cartwright sold 24,000 shares on 3/23/99.

What price did they sell? LESS $10. Why do want to pay $40s?
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