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To: Brooks Jackson who wrote (794)11/28/1997 8:04:00 PM
From: Alan Gallaspy  Read Replies (3) of 8545
 
Brooks,

You were saying "....and what huge barriers to entry exist in this potentially fabulous business...."

So I have got to ask this. If there is a lot of gravy in the trough, then do you not feel that First Data will focus some efforts here? I was not aware that they were collaborating with Microsoft, but was taking a look at them as a potential player in all sorts of financial transaction processing, not just the bank-customer segment. What with their vast experience in credit card transaction processing, are they not a viable competitor with huge resources that they can use to overcome the "huge barriers" to entry?
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