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Technology Stocks : CheckFree (CKFR)

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To: Charlie Smith who wrote (1387)1/28/1998 11:01:00 PM
From: TLindt   of 8545
 
Oh, and one final thought....I see what Checkfrees means about this media crap.

We were starting to rally into close...then they repeated the earlier story over Dow Jones 3:20 P.M.

Microsoft, First Data Venture Begins Bill-Paying Program

DENVER (Dow Jones)--MSFDC, a joint venture between Microsoft Corp. (MSFT) and First Data Corp. (FDC), began a program to help companies implement its new electronic bill payment system.

In a press release Wednesday, the venture said the program will help third-party companies link themselves to the bill-paying system, which connects banks, billers and consumers over the Internet.

MSFDC said it is testing the system under a pilot program with three banks and a number of billers. The venture said about 20 companies have agreed to participate.

"Dow Jones News Service"
"Copyright(c) 1998, Dow Jones & Company, Inc."

If you don't think that was the reason....look at the QDEK price today.
Dow Jones put one out....and that sucker did 1/2 Million in volume and was up 25%. This release killed the rally.....IMO it ain't over till it's over.

Why don't you Scoup them Brooks? Why should this be a secret?

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