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Technology Stocks : Premiere Technologies (PTEK) -- Ignore unavailable to you. Want to Upgrade?


To: blankmind who wrote (1155)10/12/1999 4:21:00 PM
From: Budnoc  Read Replies (1) | Respond to of 1270
 
How undervalued is PTEK???

You be the judge.
when the hltn webmd merger is complete, PTEK will own about 12% of healtheon. At todays price HLTH market cap is just below 3 billion. So PTEK's value based on nothing more than HLTH is 360 million (12% of 3 billion). Our market cap as of todays close is just above 300 million.

So we are about 60 million undervalued through HLTH alone. throw in the base company and the other PTEK ipo ventures and it doesnt make any sense how undervalued PTEK is.