4 2003-05-15 0 0000818813 BITSTREAM INC BITS 0000909450 GRUBER & MCBAINE CAPITAL MANAGEMENT LLC 0 0 1 0 Common Stock 2003-05-15 4 P 0 600 2.2 A 525400 I By GMCM, as an investment adviser for client accounts. /s/ J. Patterson McBaine 2003-05-21