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Technology Stocks : CheckFree (CKFR)

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To: chirodoc who wrote (3331)4/18/1998 12:43:00 AM
From: TLindt  Read Replies (2) of 8545
 
You signing up doc?

"We view Princeton Telecom's Pay-by-Internet as a good first step," said Ken Perry, Internet project manager for Southern California Edison, a subsidiary of Edison International.

"We are working with companies including Checkfree and MSFDC to deliver the bill electronically," said Mr. Perry.

"We are responding to our customers' request and anticipate a pent-up demand," said Edward M. Petok, project manager at the Los Angeles water department.

Although Princeton Telecom currently offers bill-payment services for bank customers of First Data Corp., most of its work is focused on helping billers collect payments more efficiently.

"If all billers had the same accounts receivable system, there would be no need for Princeton Telecom," said Gary R. Craft, an analyst with BancAmerica Robertson Stephens in San Francisco. "One format would map automatically into the biller's file, and billers could do it all themselves.

"But the world of billers is so complex, and so crucial to most organizations, that the need for service providers is very, very high," Mr. Craft said. Copyright c 1998 American Banker, Inc. All Rights Reserved. americanbanker.com


infoseek.com

There is inevitable talk about winners and losers. BancAmerica Robertson Stephens analyst Gary Craft said, "Integrion has yielded to OFX."

infoseek.com

If the Banker are listening to that guy.....know wonder this thing is taking so damm long......JMO......He's kept this Stock from going anywhere....
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