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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?
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To: Sam Biller who wrote (10615)9/28/1999 7:35:00 PM
From: TLindt  Read Replies (1) of 20297
 
Bill Pay

Play First Data's other major Internet initiative is the TransPoint venture. Launched with much fanfare back in June 1997, this alliance of First Data, Microsoft Corp. and Citigroup is designed to compete with Atlanta-based CheckFree Corp. in the electronic bill payment and presentment market. While pilot projects proliferate at major banks, the initiative has been slow to come to market. Duques even laughs at attempts to pin him down on an actual launch date. "It's going to take longer than anybody says, so as soon as I put a date down, I'm probably going to be wrong."

bai.org
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