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

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To: David H. Zimmer who wrote (8545)7/29/1999 1:39:00 PM
From: Erik T  Read Replies (2) of 20297
 
In as much as their clients are signing up new subscribers in large numbers, this quarter should prove to be exciting.

This is exactly how I got burned last quarter. Integrion adding 2,000 a day, Wells had announced big numbers, NTBK growth 50%...Unfortunately, Checkfree's bill payment customer base grew only 5% or 6%. People moving en masse to online banking, but they do not appear to be signing up for bill payment services, yet. When the world becomes comfortable with the idea of paying bills online, the ramp up will likely be steep, but for now I do not think big growth in online banking customers portends good (above expectations) growth numbers for Checkfree. Hoping I am wrong.

The good thing about all these corrections, they do not bother me nearly as much as they used to.

Erik (IMHO)
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