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Technology Stocks : Premiere Technologies (PTEK)

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To: Mr_X who wrote (657)5/20/1999 12:50:00 PM
From: Stuart T  Read Replies (5) of 1270
 
Re Ptek: The conversion to HLTH is 1.8 HLTH shares for 1 WEBMD share.

2.9m x 1.8 = 5,220,000 shares of HLTH

HLTH is trading at $120

Increase value of PTEK = 120 * 5,220,222 = $626,400,000 !!!!!

PTEK has 46,100,000 shares outstanding = $13.59 a share
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