PREMIERE TECHNOLOGIES INC
SC 13G, 1998-02-12
COMMUNICATIONS SERVICES, NEC
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  Schedule 13G


                    Under the Securities Exchange Act of 1934



                           PREMIERE TECHNOLOGIES, INC.
                                (Name of Issuer)

                          Common Stock, $.01 Par Value
                         (Title of Class of Securities)

                                   74058F 10 2
                                 (CUSIP Number)





*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).


                         (Continued on following pages)

                                Page 1 of 5 Pages


<PAGE>


CUSIP No. 74058F 10 2                  Schedule 13G            Page 2 of 5 Pages



- --------------------------------------------------------------------------------
1         NAME OF REPORTING PERSON               NationsBanc Capital Corporation
          S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON




- --------------------------------------------------------------------------------
2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                             (a)
                                   
                                                             (b)


- --------------------------------------------------------------------------------
3         SEC USE ONLY




- --------------------------------------------------------------------------------
4         CITIZENSHIP OR PLACE OF ORGANIZATION


                                        United States

- --------------------------------------------------------------------------------
                              5        SOLE VOTING POWER

         NUMBER OF                                       1,374,047
           SHARES             --------------------------------------------------
        BENEFICIALLY          6        SHARED VOTING POWER
          OWNED BY
            EACH                                         0
         REPORTING            --------------------------------------------------
        PERSON WITH           7         SOLE DISPOSITIVE POWER

                                                         1,374,047
                              --------------------------------------------------
                              8         SHARED DISPOSITIVE POWER

                                                         0
- --------------------------------------------------------------------------------
9         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                                          2,074,047


- --------------------------------------------------------------------------------
10        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*




- --------------------------------------------------------------------------------
11        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                                                           4.2%


- --------------------------------------------------------------------------------
12        TYPE OF REPORTING PERSON*

                                                           CO


- --------------------------------------------------------------------------------

                      *SEE INSTRUCTION BEFORE FILLING OUT!




<PAGE>


CUSIP No. 74058F 10 2                  Schedule 13G            Page 3 of 5 Pages


Item 1.

     (a)  Name of Issuer:
          --------------

          Premiere Technologies, Inc.

     (b)  Address of Issuer's Principal Executive Offices:
          -----------------------------------------------

          3399 Peachtree Road, N.E., Suite 400
          Atlanta, Georgia 30326

Item 2.

     (a)  Name of Person Filing:
          ---------------------

          NationsBanc Capital Corporation

     (b)  Address of Principal Business Office or, if none, Residence:
          -----------------------------------------------------------

          901 Main Street, 22nd Floor
          Dallas, Texas 75202

     (c)  Citizenship:
          -----------

          United States

     (d)  Title of Class of Securities:
          ----------------------------

          Common Stock, $.01 par value

     (e)  CUSIP No.:
          ---------

          74058F 10 2

Item 3. Not Applicable.

Item 4. Ownership.
        ---------

     The following  information  relates to the reporting  person's ownership of
Common Stock,  $.01 par value, of the issuer as of December 31, 1997. As of that
date, the reporting person held 1,374,047 shares of such Common Stock within the
meaning of Rule 13d-3 under the Securities Exchange Act of 1934.




<PAGE>


CUSIP No. 74058F 10 2                  Schedule 13G            Page 4 of 5 Pages


     (a)  Amount Beneficially Owned:
          -------------------------

          1,374,047

     (b)  Percent of Class:
          ----------------

          4.2%

     (c)  Number of Shares as to Which Such Person Has:
          --------------------------------------------

          (i)  sole power to vote or to direct the vote:

               1,374,047

          (ii) shared power to vote or to direct the vote:

               0

          (iii) sole power to dispose or to direct the disposition of:

               1,374,047

          (iv) shared power to dispose or to direct the disposition of;

               0

Item 5. Ownership of Five Percent or Less of a Class.
        --------------------------------------------

               If this  statement  is being  filed to report the fact that as of
          the date hereof the reporting  person has ceased to be the  beneficial
          owner of more than five percent of the class of securities,  check the
          following [X].

Item 6. Ownership of More than Five Percent on Behalf of Another Person.
        ---------------------------------------------------------------

          Not Applicable.

Item 7.  Identification  and Classification of the Subsidiary Which Acquired the
         -----------------------------------------------------------------------
         Security Being Reported on by the Parent Holding Company.
         --------------------------------------------------------

          Not Applicable.




<PAGE>


CUSIP No. 74058F 10 2                  Schedule 13G            Page 5 of 5 Pages

Item 8. Identification and Classification of Members of the Group.
        ---------------------------------------------------------

          Not Applicable.

Item 9. Notice of Dissolution of Group.
        ------------------------------

          Not Applicable.

Item 10. Certification.
         -------------

          Not Applicable.


     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.

Date: February 11, 1998

                                                 NATIONSBANC CAPITAL CORPORATION


                                                 By:   /s/ Scott H. Colvert
                                                       -------------------------
                                                       Name:  Scott H. Colvert
                                                       Title:    Vice President




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