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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: mariner who wrote (4267)	7/25/1999 10:23:00 AM
From: Mike Buckley	Read Replies (1) of 54805

mariner, A while back I brought up the subject of electronic bill presentment and payment as the possible next "killer app." I see Checkfree has gone through a decent correction of late. You're probably aware that it is due primarily to a consortium of three large banks, all of whom I think were customers of CheckFree, offering services that investors feel will eliminate the need for CheckFree's services. CheckFree immediately issued a press release that those banks will still need CheckFree. I don't follow the company so I don't have an opinion. A killer app that has been showing up on my radar screen a lot lately is procurement software for businesses. There's probably not a company on the planet that couldn't use it, even the very small ones. If a gorilla emerges, it will be a huge one. (Don't ask for ideas about companies that sell it because I'm clueless. :) --Mike Buckley

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