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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: HandsOn who wrote (44208)5/21/1999 4:23:00 PM
From: Ed  Read Replies (1) | Respond to of 90042
 
Great week Tim in AG,OSI,JACO,COMS over weekend..



To: HandsOn who wrote (44208)5/21/1999 4:27:00 PM
From: Samuel Wayne Turner  Read Replies (1) | Respond to of 90042
 
I also have been bullish on cs, but we all need to keep an objective viewpoint and remember that it aint soup until its soup. Cs could have run on SPECULATION and if a buyout doesnt happen Monday its down we go, and if no buyout in 2-3 weeks, we will see 11-12 again. There are those who argue with some merit that this stock may not be bought or survive. I think it will be acquired(soon yes, but maybe we are wrong and it isnt until the end of the year). CS is my second largest holding, but I urge all to view this objectively and dont let a buying panic push someone into a position they cant maintain or dont want to get hung up in. Good Luck to us all.

P.S. I shouldnt have done it but I couldnt resist following the pack into ag for 1k hope there is a buyout here or we will lose a point or more at least.



To: HandsOn who wrote (44208)5/22/1999 8:37:00 AM
From: D.Austin  Respond to of 90042
 
<PTEK> I do suppose you may have already read this but
just in case there are other interested folks out there.
....glad I held :-) D.A
One other thing,when triple J mentioned the other day
about her head swimming in ticker symbols constantly
I have also been thinking the same thing.I made a
comment the other day about being satisfied with slow
steady easy as she goes investing.I do believe the old
ways of thinking like that are behind us.The only thing
I guess I'm trying to say is that I am not a daytrader
I do work for myself but I find myself thinking of how
I can just stop by the house for a minute and pop in to
Tim's thread.I want to again thank everyone on this thread
for the big improvements to my trading.
From a guy that my
need counseling soon
thanx everyone



ATLANTA--(BUSINESS WIRE)--May 21, 1999--

WebMD-Healtheon Merger Increases Pre-Sold Physician Subscriptions

to 11 Million Months, Boosting Orchestrate(R) Revenue Potential

As of 2:00 p.m. (ET) today Premiere Technologies (Nasdaq:PTEK) announced the current value of its partnership stake in WebMD, assuming completion of the merger with Healtheon, at half a billion dollars or approximately $10 per PTEK share. Premiere's equity in WebMD would convert to approximately 5.2 million shares of Healtheon/WebMD, including 422,000 shares held in an employee incentive pool. These shares were acquired as part of Premiere Technologies' strategic investment and partnership arm, PTEKVentures.com.

The merger between the two Internet healthcare companies provides a major sales opportunity for Premiere's Orchestate(R) product, which is included in WebMD's physician subscription offering. Previously announced long-term deals between WebMD with DuPont and Microsoft call for 11 million months of physician subscription commitments. Orchestrate is the Web-based communications solution that links voice messaging, e-mail, fax and conferencing with access through the Internet or the telephone. Premiere expects to receive as much as $15 per month in fees and usage revenue for each of the converted physician subscriptions.

"This is the beginning of a great run for PTEKVentures.com," said Boland T. Jones, Founder, Chairman and CEO of Premiere Technologies. "Our portfolio strategy 'powered by Orchestrate' is starting to pay off in multiple ways. Not only are the investments generating incredible returns, they are giving Orchestate the distribution it needs to dominate the Web-based communications category."

About Premiere Technologies

Atlanta-based Premiere Technologies, Inc. provides innovative solutions to simplify communications by combining the power of the Internet with the reach of the telephone.

Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made based on management's belief as well as assumptions made by, and information currently available to, management pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Premiere's actual results may differ materially from the results anticipated in these forward-looking statements as a result of a variety of factors, including those identified in Premiere's Annual Report on Form 10-K for the fiscal year ended December 31, 1998 and its Quarterly Reports on Form 10-Q and subsequent filings filed with the Securities and Exchange Commission.

CONTACT:

Premiere Technologies, Inc.

Bob Zwerneman, 404/504-2479 (investor calls)

or

Randy Salisbury, 404/504-2361 (media calls)

KEYWORD: GEORGIA

BW1291 MAY 21,1999

12:35 PACIFIC