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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Teflon who wrote (22948)	5/19/1999 9:27:00 PM
From: Maverick	Respond to of 74651

MSFT takes a major stake in Healtheon Internet portal Healtheon approves WebMD merger LOS ANGELES, May 19 (Reuters) - Internet health services firm Healtheon Corp. plans to merge with WebMD Inc. in a bid to consolidate the online management of health care data, a Healtheon board member told Reuters on Wednesday. Healtheon's board approved the deal on Monday and WebMD's directors were slated to vote on the plan early Wednesday. "Both managements have been engaged in the negotiating process. We expect them to approve the terms," said Dick Kramlich, a director at Healtheon and general partner at New Enterprise Ventures. The deal is structured as a 50-50 merger and should conclude in about four months, he noted. In addition, software giant Microsoft will take a major stake in the new company, Kramlich said. There will also be a group of strategic partners including pharmaceutical supply company McKesson HBOC Inc. , chip maker Intel Corp. , and Internet portal company Excite Inc. , the board member said. ((--Los Angeles bureau + 1 213 955 6750))

To: Teflon who wrote (22948)	5/19/1999 9:30:00 PM
From: Sir Francis Drake	Read Replies (2) \| Respond to of 74651

<Sigh> - yes, it seems so. I really wish this thing would conclude as soon as possible. OT-OT-OT I frequently think about CMGI vs SFE - I'm in both, but I really like SFE. Not only does it seem to represent "value" if it's not too absurd to speak in such terms when it comes to stocks like SFE and CMGI, but I like what I see of SFE management. They seem smart, seasoned, and 'conservative' in the right way. Somehow I trust them. BTW, if this is not too personal question, Teflon, are you going to the SFE conference? Morgan