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Technology Stocks : Healtheon Corporation (HLTH) -- Ignore unavailable to you. Want to Upgrade?

To: xbrent who wrote (73)	5/18/1999 1:09:00 PM
From: FR1	Read Replies (1) \| Respond to of 861

I think Armstrong (T) proved that there is no law against people talking to each other and making deals on buy outs. If I was Microsoft, I would just call HLTH and say something to them like this: "Let's not pay more for WebMD than the IPO price. WebMD wants $55/share for their business. How about this: You sell MSFT 51% of HLTH at today's price and HLTH offers to buy WebMD at their asking price of $55/share. It would be good for everybody." Anyhow, my point is that the people interested in doing a take over can and do talk to each other and make deals to prevent a bidding war. We just witnessed this in the T/USW/MSFT deal. Note that Microsoft was involved in that. This kills any crazy idea of $190+/share price on WebMD.