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Technology Stocks : Premiere Technologies (PTEK)
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To: nokomis who wrote (676)5/20/1999 5:15:00 PM
From: M. Carver  Read Replies (3) of 1270
 
......And someone needs to "e-mail" Joe K. and remind him that PTEK also holds about 11.7% of the USA.net IPO which is scheduled to take place in about 2 weeks.

I think the math of that transaction (entirely separate from the wonderful WedMD situation) is 8.5M shares for between $15 to $17 dollars the week of May 31st.

If you add the incremental value from these two events together, how much $$$ is going to be added to PTEK's balance sheet and what should their stock valuation be? Opinions?
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