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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: HandsOn who wrote (42873)5/19/1999 11:51:00 PM
From: j g cordes  Read Replies (1) of 90042
 
PTEK.. from theStreet option notes

"May 15 calls in Premiere Technologies
(PTEK:Nasdaq) saw plenty of action after
Healtheon (HLTH:Nasdaq) confirmed it was in
discussions to merge with closely held WebMD.

Shares of Premiere, which owns a significant stake
in WebMD, jumped 1 1/16 to 16 1/4 and its May 15
calls gained 13/16 ($81.25) to 1 5/8 ($162.50) as a
deal could be announced later Wednesday.
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