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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?
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To: Benny Baga who wrote (6837)6/23/1999 8:30:00 PM
From: Charlie Smith  Read Replies (3) of 20297
 
Benny:

I am afraid that the ultimate goal of "Exchange" is to start providing bills with the hope that they can take the payment part from CKFR in the future.

This is the core of the potential trouble for CKFR. The "switch" gets its power from its two-way nature and the number of lines connected to it. If these banks can build a simple direct connection between their existing corporate "lock boxes" and millions of DDAs, they have something. They may not yet have a viable product, because marketing and service are an entirely different ballgame, but the market appears to believe they can at least build it in a timely fashion.

Charlie
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