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Technology Stocks : CheckFree (CKFR)

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To: Brooks Jackson who wrote (367)8/20/1997 10:13:00 AM
From: Robert Gintel   of 8545
 
You're thinking of Bank of America that has a split bill paying operation between its California and non-California branches.It was Wells Fargo that threw in the sponge and became a big Checkfree customer recently. Citibank has it's own bill payment operation too,as you point out, but I think they lose money at it because, big as they are, they don't have economies of scale.
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