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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: trainleaving who wrote (11653)	6/6/2001 9:47:16 AM
From: changedmyname	Respond to of 15615

I don't think so, if you notice the filing date was 5/29, I think that was the day of the announcement of the collar. If I remember correctly, the approx 10 million shares were placed with an institutional investor (from the pr: "The block transaction, completed last week,..."). I think this was just a filing that had to be made due to sec rules and regulations (if you remember, there was someone during that time who had their panties all up in a bunch calling it a conspiracy, etc that Winnick didn't have to register). Turns out that he did have to register, and like all of these 144 filings, they show up on the newswires a few days late (often after an insider has already sold in some cases). Jason