BillServ.Com(BLLS) Going for the EBPP Market Small Billers Message Board

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Technology Stocks : BillServ.Com(BLLS) Going for the EBPP Market Small Billers

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To: King David who wrote (755)	1/11/2000 3:51:00 PM
From: Jody Ritchie	Read Replies (1) of 918

Before I doubled up today, I called IR... - They expect to file the form 10K in Mid-Feb sometime and don't forsee any hurdles at this time. Of course, you never know with the SEC. - There will be minimal revenue for Q4 (Oct-Dec 99) from setting up Sallie Mae. The regular revenue should start coming in this quarter. - Anticipated break-even or profit is in 2001. - BLLS will be spending 1 to 1.5M on marketing this year at many trade shows. Check out their web page for a list of shows they plan on attending. Here's a sample of where they will be: Telecom Business 2000, Cable 2000, Insurance Accounting and Systems Association Conference, Newspaper Expo. Those are just a few trade shows that BLLS will attend before July! - I was still a bit confused about how revenue would be generated, so I asked. Here's the answer: BLLS can present through any aggregator (Checkfree, Cybercash, Transpoint, etc) for billers it has a contract with. The revenue comes from the billers (Sallie Mae, etc), not the consumers. This is what provides BLLS with a competitive advantage...the billers can come to BLLS and be presented through any of the major aggregators. Unfortunately, I didn't think to ask how long it would take for NASDAQ listing after the form 10K is filed. I like the business model and the stock's stability during the last week. IMO, the downside risk is limited and the upside potential is huge. Bottom line is that I've decided to put a significant portion of my portfolio into BLLS and I believe I will be very happy with that decision in a year. Jody

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