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Technology Stocks : CheckFree (CKFR)

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To: Ken Crooks who wrote (116)	3/29/1997 11:41:00 PM
From: Gaurav Khanna	of 8545

Ken, My understanding of CKFRs situation is that they: 1) Make the software product that lets people to on-line banking 2) The backend processing for electronic banking services for banks I had been curious for some time about what their relationship was to Intuit, esp. with Quicken. The day after I sent them an e-mail about this question, they bought the unit of Intuiut that did this backend processing... i.e. -- they bought their major competitor... anyways, I believe that no matter what product you use to do on-line / electronic banking, CKFR will handle the processing / software for those transactions. They are primarily a services company... the drop on the MSFT annoucement was puzzling, but I don't listen to stupid-ass money makers on Wall Street, esp. when it comes to tech issues... l, g

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