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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: findstock who wrote (7239)	5/19/1999 10:41:00 PM
From: Rande Is	Read Replies (4) \| Respond to of 57584

Great work, findstock. . .I like that diggin under rocks to find a good play. Nice.

To: findstock who wrote (7239)	5/20/1999 8:33:00 PM
From: Rande Is	Read Replies (4) \| Respond to of 57584

Somebody please check my work before re-posting it. . . I must run off to wife's son's baseball game, but check this valuation of PTEK and see if you can tighten it up some. . .I could only find approximate valuations on PTEK prior to merger and need accurate ones. . . please work figures as closely as possible. Will try to answer questions tonight. - - - - - - - - - WebMD has approximately 1,734,000 million shares outstanding [according to recent news quoting WebMD's registration statement] WebMD shareholders will receive 1.815 shares of Healtheon [HLTH] stock HLTH closed at 100 dollars per share today This means that each share of WebMD stock is now worth $181.50 per share Premiere Technologies [PTEK] owns 12.1% of WebMD or 2.1 million shares with a market value of $381,150,000 PTEK's CEO owns 12.7% of WebMD or 2.2 million shares with a market value of $399,300,000 Together they own 24.8% of WebMD or 4.3 million shares with a combined market value of $780,450,000. PTEK had a market cap yesterday of about $ 775,000,000. Today that number would be approximately 50 percent higher at about $1,156,150,000 or 1.156 billion dollars and putting the PTEK share value at $ 24.00 per share. Rande Is