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

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To: TLindt who wrote (7315)6/28/1999 3:07:00 PM
From: Harp  Read Replies (2) of 20297
 
I'd like to see some more on that angle first, because if that's what they were trying to say in their call the other day it sure didn't come across that way...

Neither one of them


i agree...

assuming it is true who does this help? seems like TP is a winner in this. prior to this announcement there was virtually no hope for interoperability between CKFR and TP. billers would have to be a little be nuts to have TP do their presentment since CKFRs network was far more reaching. TP probably would have to change it's business model drastically to cross present with CKFR.

Will TP be able to change their systems to play this game, I don't know enough about TPs thick consolidator implementation to determine if it will be possible. TEX must have looked into this, although they didn't talk to CKFR before the announcement...

What will TEX get out of this? I'm assuming they'll charge some fee for anyone that uses their switch (they charge $1.50 for foreign ATM transactions!) They also keep competition alive in the EBPP field, which is probably worth more to them.
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