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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: July 14, 1997
VTEL CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 0-20008 74-2415696
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(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation or organization) Identification No.)
108 Wild Basin Road
Austin, Texas 78746
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (512) 314-2700.
CORPDAL:68287.1 22768-00022
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ITEM 5. OTHER INFORMATION
On June 30, 1997, VTEL Corporation completed its first full
month of combined operations since the consummation of the merger with
Compression Labs, Inc. on May 23, 1997. VTEL Corporation generated combined
revenues of $14,615,000 and incurred a combined net loss of $1,721,000 for the
month ended June 30, 1997. These financial results do not include any
merger-related costs which will be recorded as expenses in July 1997.
CORPDAL:68287.1 22768-00022
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Dated: July 14, 1997
VTEL CORPORATION
By:/s/Rodney S. Bond
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Name: Rodney S. Bond
Title: Vice President-Finance
CORPDAL:68287.1 22768-00022
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