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Technology Stocks : Premiere Technologies (PTEK)

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To: tony who wrote (1122)8/5/1999 4:56:00 PM
From: Richard Singer  Read Replies (2) of 1270
 
< Under terms of the deal, shareholders of WebMD will get 1.815 Healtheon shares for each WebMD share.>

The Robertson Stephens report details the number of shares of stock PTEK will own after the HLTH/WEBMD deal is completed. It has nothing to do with the price of HLTH.

PTEK holds 5.2MM shares of WebMD.
5.2MM X 1.815 = 9.4380MM shares of HLTH
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