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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?
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To: Charlie Smith who wrote (20140)10/27/2003 7:58:11 PM
From: Benny Baga  Read Replies (1) of 20297
 
>>>>But he added that outsourcing such
services to CheckFree "is cost prohibitive. I would not be
surprised if Bank of America starts to look for
alternatives," such as bringing the system in-house.

Of course, this reasoning doesn't explain FDC's market cap. Also, I may be a little out of date, but I believe Fleet was outsourcing payments to Citi. I'm sure BoA will be looking to move those customers off of Citi's software asap.

Best Wishes all! Pete did seem a little positive in the conf. call last week.

Benny
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