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Technology Stocks : Premiere Technologies (PTEK)

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To: Captain Jack who wrote (1220)3/19/2000 1:20:00 AM
From: blankmind  Read Replies (1) of 1270
 
- Captain Jack, if nothing else, ptek looks like it can survive for a long time

- #1 - previous succers, er, I mean investors, have sunk $570 million in PTEK

#2 - for 1999, ptek had $459 million in revenue & EBIDTA earnings of nearly $50 mill/year. Plus, over $100 mill in cash & marketable securities

#3 - PTEKVentures investment arm has ownership interests in Healtheon/WebMD (NASDAQ: HLTH - news), S1 Corporation (NASDAQ: SONE - news), USA.NET, Webforia, Derivion, i2Go.com and BuyTrek.

#4 - PTEK's three operating units are Xpedite, Voicecom and Premiere Conferencing; and all can be spun off in ipo's of their own
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