CheckFree Holdings Corp. (CKFR), the next Dell, Intel? Message Board

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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

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To: Harp who wrote (6799)	6/23/1999 4:11:00 PM
From: Alan Villalon	Read Replies (2) of 20297

The race is on for the banks to sign on billers by the end of September. I doubt they will be able to accomplish what has taken CKFR a couple of years (especially with no hard evidence of a system)to do. Additionally, the banks have to worry about converting their old Legacy systems to catch up to speed with the rest of the brokerage and financial sectors. From the CC, Pete was very supportive of the "Exchange." Why shouldn't he be? CKFR can maintain a favorable relationship with the banks (he did say that Chase, FU, and WF constituted less than 20% of their revenues). Additionally, if the banks begin to realize that they can't catch up with the rest of the market (i.e. Integrion), CKFR is in an enviable spot to take over and provide the service. Like previous posts stated, there has been no change in fundamentals. It would be nice to see some STRONG BUYS from ML and some portal announcements. The time to buy is when panic is running rampant!

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