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Savvy Buyers at Global Light, Motorola and Talx, The Telecomm Analyst News
Business Wire, July 19, 2000
Business Editors
NEW YORK--(BUSINESS WIRE)--July 19, 2000
Given the slump in the telecom stock prices, we have been looking for signs of confidence in the sector - namely, insiders buying while share prices are depressed.
One such executive is W. Gordon Blankstein, chairman of Global Light Telecommunications (AMEX-GBT), a holding company that focuses on the telecommunications markets in Mexico, Europe and Southeast Asia.
There has also been buying recently at Motorola (NYSE-MOT), the mobile phone and semiconductor manufacturer. Ronnie C. Chan, a director, bought 16,500 shares from May 12 to 23 at $30.42 to $33.00 a share (prices and number of shares have been adjusted for 3-for-1 split on June 1).
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At Talx Corp. (NASDAQ-TALX), which provides employee services over the Internet or through automated telephone systems, two insiders purchased a total of 8,900 shares from May 1 to 24 at $13.25 to $15.38 a share.
To find out more about this week's Analyst's sell report, read the article in Multex.com's The Telecomm Analyst(sm), http://www.telecommanalyst.com/individual/000718sections/tradealert.asp
Companies profiled:
Global Light Telecommunications (AMEX-GBT) http://www.multexinvestor.com/af003961/tickersearch.asp?ticker=gbt
Motorola (NYSE-MOT) http://www.multexinvestor.com/af003961/tickersearch.asp?ticker=mot
Talx Corp. (NASDAQ-TALX) http://www.multexinvestor.com/af003961/tickersearch.asp?ticker=talx
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COPYRIGHT 2008 Gale, Cengage Learning
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