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: Erik T who wrote (7361)	6/29/1999 6:55:00 AM
From: Robert Scott	Read Replies (1) of 20297

Perhaps what is going on here is that the biggest banks want to control (and thus not pay for) on-us transactions - that is if they have the biller and consumer as customer, why pay a middle man. It is the role of CKFR for these larger banks that CKFR's billers are accessible to the banks' customers through Yahoo, CKFR or other non-bank sites or other arrangements. Then there are other bank customers who need access to, for example, BOA or Chase billers. I suppose Yahoo provides this link and ultimately is the glue for any biller. So the key is billers and CKFR has a substantial lead. Perhaps the idea that they will not own the market totally is what is scaring some investors but as they said, they expect to have more than 50% of the top 150 billers signed by fiscal yearend and don't forget that they have deals with EDS, Fiserv and other data processers that process hundreds of medium to small banks. These banks must use CKFR to compete. These banks have as customers regional and local utility companies that have thousands of accounts - using CKFR services can save these companies a bundle.

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