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


To: blankmind who wrote (721)5/22/1999 8:02:00 AM
From: Tom Latham  Read Replies (2) | Respond to of 1270
 
thinking in your terms also. This stock has I believe 37 mill in float.. These were traded like candy Thur and Fri, but Fri late in the day as traders were getting out -- investors were getting in.
There is still the same float but the trading shares found at 17-18 are long gone as of Monday morning. Good ole greed is flicking on some switches in brains all over the USA that says this PTEK has 1 point downside and potentially 30-50 point upside. You may be very surprised to see what this stock can do the next 4 or 5 trading days. This story is just getting out and the numbers behind this stock are real, and growing, and their new found wealth will be put to work as hard and as fast. We don't recognize the name 'Boland T Jones' now
but soon it may be used with automatic identity as CEO of PTEK.
If you own this you are fortunate at this point in its price history, looking for 300% gain from right here--- and may get surprisingly in as little as a week.



To: blankmind who wrote (721)5/22/1999 12:49:00 PM
From: Bruce Denney  Respond to of 1270
 
blankmind...you are correct on there orchestrate product,
called around this morning and was surprised that so many
medical people were impressed by orchestrate in particular.
BD



To: blankmind who wrote (721)5/22/1999 3:12:00 PM
From: M. Carver  Read Replies (2) | Respond to of 1270
 
Blankmind,

Thanks for your posts. I am also very excited about the potential valuations for PTEK. In fact, please confirm or shoot holes in the following for me:

In addition to the $500M payday from their WedMD investment, their investment with USA.net is due in about 2 weeks (I understand the USA.net IPO is scheduled for the first week of June).

Is my math right? 8,500,000 shares at (on the conservative side) at $15 a share = $127,500,000 x 11.2% (PTEK's holdings) = $14.28M (if this hot IPO sits at the $15 entry price. What if the IPO goes to 30, 40, etc. Do we simply take 11.2% of the USA.net market cap to calculate PTEK's windfall? Comments please.

They (PTEK) have certainly made some solid investments!