SCHEDULE II
INFORMATION WITH RESPECT TO
TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)
SHARES PURCHASED AVERAGE
DATE SOLD(-) PRICE(2)
COMMON STOCK-GRAY COMM SYS CLA B
GABELLI PERFORMANCE PARTNERSHIP
10/23/00 11,000 11.0000
GAMCO INVESTORS, INC.
10/23/00 2,000 11.0000
10/23/00 3,000 11.0000
10/23/00 2,000 10.9688
10/20/00 1,000 11.0000
10/20/00 22,500 11.0000
GABELLI ADVISERS, INC.
10/23/00 51,000 10.9988
(1) UNLESS OTHERWISE INDICATED, ALL TRANSACTIONS WERE EFFECTED
ON THE NYSE.
(2) PRICE EXCLUDES COMMISSION.