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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (7306)5/21/1999 12:09:00 AM
From: Robert V. Cavaleri  Read Replies (1) of 57584
 
Since you all are on the topic of PTEK, I thought I'd post this which I found on yahoo and quite interesting:

"Atlanta-based Premiere's stake could rise to as much as 5.26
million shares, or about $960 million, of the combined Healtheon-
WebMD, said Randy Salisbury, Premiere's senior vice president
of corporate marketing."

Can't remember exactly where this article came from, but this was the important snippet that I was able to dig up. Article suggested that final number of shares is not accurate which is why PTEK is delaying a press release. Some additional shares are apparently due to PTEK in the form of a dividend. Can anyone else confirm or corroborate?

tnx,

long 1500 @ 14 7/8 (saw this heating up a week ago)

regards & good luck
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