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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person:
William O. McCoy
103 South Building
CB# 9100
University of North Carolina
Chapel Hill, NC 27599
2. Date of Event Requiring Statement: (Month/Day/Year): April 26, 1999
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary):
4. Issuer Name and Ticker or Trading Symbol: TGCC
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5. Relationship of Reporting Person to Issuer (Check all applicable):
X Director 10% Owner
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Officer (give title below) Other (Specify below)
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6. If Amendment, Date of Original (Month/Day/Year):
7. Individual or Joint/Group Filing (Check applicable line):
X Form filed by one reporting person
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Form filed by more than one reporting person
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<TABLE>
<CAPTION>
TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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<S> <C> <C> <C>
1. Title of Security (Instr. 4) 2. Amount of Securities 3. Ownership 4. Name of Indirect Beneficial
Beneficially Owned (Instr. Form: Direct (D) Ownership (Instr. 5)
4) or Indirect (I)
(Instr. 5)
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</TABLE>
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FORM 3 (CONTINUED)
<TABLE>
<CAPTION>
TABLE II: DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Date Exercisable and 3. Title and Amount of 4. Conversion 5. Ownership 6. Nature
Security (Instr. 4) Expiration Date Securities Underlying or Exercise Form of of Indirect
(Month/Day/Year) Derivative Security (Instr. 4) Price of Derivative Beneficial
Derivative Security: Ownership
Security Direct (D) or (Instr. 5)
Indirect (I)
(Instr. 5)
<S> <C> <C> <C> <C> <C>
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Date Expiration Title Amount or
Exercisable Date Number of
Shares
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Options to Purchase 4/23/99 4/23/09 Common Stock 25,000 $8.25 D
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Options to Purchase 4/23/00 4/23/09 Common Stock 25,000 $8.25 D
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Options to Purchase 4/23/01 4/23/09 Common Stock 25,000 $8.25 D
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Options to Purchase 4/23/02 4/23/09 Common Stock 25,000 $8.25 D
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</TABLE>
Explanation of Responses:
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ William O. McCoy May 7, 1999
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Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly. If the Form is filed by more
than one Reporting Person, see Instruction 5(b)(v).
