John,
- if you read ptek's recent press releases, you'll see that their record of seed money growing in to $millions is nearly stellar:
from 12/7/99's release "``Our PTEKVentures.com investment arm has enjoyed incredible success,' said Boland T. Jones, Premiere Technologies' Founder, Chairman and CEO. ``Since the dates of its investments, PTEKVentures has realized an annual return on investment (ROI) of 810% for WebMD (NASDAQ: HLTH - news) and 2080% for VerticalOne (NASDAQ: SONE - news). We have several more investments in our existing PTEKVentures portfolio that we believe will be valuable. In addition, we're evaluating several new Internet companies to invest in very soon.'
- Also, PTEKVentures.com has holdings in Healtheon/WebMD (1.4 mill shs), pre-ipo type companies: USA.net (10-12%), Vetical One (12-13%), Intellivoice (15%), & Webforia (5%)
- now, all they have to do is spin off their existing lines in to stand-a-lone ipo's; & we're off to the races. Until then, who knows? |
