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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (23789)6/19/2001 10:18:19 AM
From: Robert Meany  Read Replies (2) | Respond to of 59879
 
COLUMBIA, Md.--(BUSINESS WIRE)--June 19, 2001--Corvis Corporation (NASDAQ:CORV - news) today issued a statement correcting erroneous news reports concerning the ownership of Corvis stock by Dr. David Huber, President and CEO. Dr. Huber continues to own 87.1 million shares of Corvis stock, not 7 million as incorrectly reported by several news services.

During the month of May 2001, Dr. Huber was correctly attributed with the sale of approximately 3.2 million shares of Corvis stock, or 3.5 percent of his holdings. These sales were made by a blind trust and an independent business entity in which he holds an interest. Dr. Huber had no ability to exercise any investment discretion or decision making authority in the execution of the trades made by either of these entities.