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Technology Stocks : CheckFree (CKFR)
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To: Brooks Jackson who wrote (176)6/24/1997 1:11:00 PM
From: King David   of 8545
 
Brooks,

I have been watching checkfree from an industry perspective for a while and I agree with Mr. Gintel that checkfree >>has positioned itself to capitalize on the growth and development of electronic business commerce and home banking. << But I'm a little unsure as to how secure that position is. I know that have a great number of the 100 largest banks in the US 'signed up' for service. But what exactly does that mean?

- What percentage of each bank's transactions has checkfree contracted to service? If it is a small percentage that may not mean much.

- Also, what is the contract length? If its only six month contracts, that isn't a very stable position.

Thanks in advance for your comments.
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