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Technology Stocks : GBT - Global Light -- Ignore unavailable to you. Want to Upgrade?


To: J. Conley who wrote (218)2/26/2001 5:27:48 PM
From: J. Conley  Read Replies (1) | Respond to of 223
 
In addition to the $300k open market purchase, insiders recently exercised options, and hold the stock. Note the exercise price is significantly higher than the current $4.90. There is good reason to do this if you think the stock is going higher, and almost no good reason to do it if you think the stock is worth less than the exercise price.

I suppose insiders don't know squat, and some dude is throwing away his $300k 'cause he was asleep at the board meetings.

www2.marketwatch.com

Perhaps someone can vouch for how accurate, or inaccurate, the information is at CBS MarketWatch.



To: J. Conley who wrote (218)5/11/2001 12:28:34 PM
From: J. Conley  Respond to of 223
 
SOURCE: Form 4

ISSUER: GLOBAL LIGHT TELECOM INC
SYMBOL: GBT

FILER: BAY HARBOUR MGMT LC
TITLE: Beneficial Owner
TRANSACTION: Purchase 411,700 04/02/01-04/30/01
$2.06-$3.25
OWNERSHIP: 3,675,500

The Form 4 is filed with the Securities and Exchange Commission by any insider buying or selling their company's shares. This form must be filed by the 10th of the month following the month in which the transaction was executed.

Insider data provided by: Washington Service 202/778-1380 or www.washserv.com

(END) DOW JONES NEWS 05-10-01
12:05 AM