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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?
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To: Erik T who wrote (8394)7/25/1999 7:54:00 PM
From: MGV  Read Replies (2) of 20297
 
On point quote from an interview with MCI Worldcom Vice-Chairman John Sidgemore:

"Overall, MCI spends 6 per cent of its total costs on switching
and transport and the rest is dominated by access fees (34 per
cent), selling and administrative costs (49 per cent) and billing
systems (11 per cent). In fact, he said, "it costs us twice as
much to bill you for the service than it does to offer it to you".

Message 10647666
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