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Technology Stocks : CheckFree (CKFR)

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To: AugustWest who wrote (2179)3/2/1998 11:32:00 AM
From: TLindt   of 8545
 
The FAQ on MSFDC is most interesting......

They WILL have a 'Button'

"The second method will be through accessing EBPP directly through the Internet. The objective of offering the direct service is to allow consumers the opportunity to use the service if their Bank or Financial Institution is not already using the EBPP service. It will also build consumer awareness and create an opportunity for Billers to send their bills electronically to a large number of Internet users."

msfdc.com

Double Speak?

"Q: Is MSFDC trying to form a layer between Billers and consumers?

A: MSFDC doesn't disintermediate Banks or Billers and their customers: a Biller's customers remain the Biller's customers; a Bank's customers remain the Bank's customers. In fact, Banks and Billers like the idea that MSFDC is largely invisible to their consumers, much like the post office is today. EBPP helps Banks and Billers get closer to their customers."

I guess not they said 'Billers' not 'Banks'

You have to think about it, but those 2 paragraphs say alot, if they mean what they say, if you know what I mean.....
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