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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?
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To: Bruce Prescott who wrote (6817)6/23/1999 4:59:00 PM
From: TLindt  Read Replies (1) of 20297
 
From your article...

''Three large banking clients announced the formation of a for-profit business initiative to provide digital switching for the electronic presentment of bills to consumers,'' Richard Zandi, an analyst at Salomon Smith Barney said. ''This is part of what CheckFree does, but it is the part that is at the heart of the Internet bill payment business model.''

That's what it is Bruce...digital switching is in physical terms..is distribution..ie you can't pay a bill unless you have one to distribute.

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