LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (23399)	10/14/1999 10:23:00 AM
From: AlienTech	Read Replies (2) of 43080

>>a.t seems to think something's up with PTEK ... mid - October ... << Nothings up with PTEK in oct.. HLTH/WEBMD merger takes place since it was postponed from aug I think. But right now the WEBMD shares PTEK owns are only worth like 50 cents, after the merger the HLTH shares PTEK gets for the webmd shares would be worth like $40. I think it would be close to 5 mil HLTH shares.. And PTEK has 40 mil shares outstanding. 40/5=8 shares of PTEK is worth 1 HLTH share.. Ofcourse they would also have verticalone and sone and mbox and some others as well..

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