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Technology Stocks : CheckFree (CKFR)

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To: micny who wrote (2863)3/25/1998 1:15:00 PM
From: TLindt  Read Replies (1) of 8545
 
>>>To my ear this sounds too much like Intuit and BOA against the world!

Sure does...I no longer think of that Bank as being stupid. They made their move to secure a channel...something the rest will now do on an increasing rate IMHO. BofA Shareholders should be jumping for joy!

>>>What right of initiation do you suppose another bank will have to go through in order to become "a participating financial institution"?

Pay a lot of Money...Bunches of Money....Mucho Bunches of Money!!

>>>If another bank chooses to play, will they be limited to offering the "Intuit/BOA defined product"?

I doubt it....but the 'button' link from the site is going to cost.

>>>Also, given that cf is not mentioned, it might be that BOA or someone else will be handling the presentment/payment processing.

I does say Intuit Technology & Presentment/Payment in the same paragraph. I'm sure they would take in bills from any presentor, it's the pay button I question...could be CKFR, CYCH, or MSFDC...but remember this was the guy looking for a silver bullet for Setag.
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