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Technology Stocks : CheckFree (CKFR)

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To: PeterR1700 who wrote (2882)	3/25/1998 6:23:00 PM
From: Benny Baga	Read Replies (3) of 8545

Well I just listened to the CheckFree presentation at the Paine Weber Internet Conference(it was this past monday). The Checkfree CFO said they expect an annoucement THIS WEEK (3/23) that Citi will be joining MSFDC as a full partner (money+e-bill engine in hand), in other words this is no rumor. It seemed as if CheckFree was advertising this in order to cushin the announcement (I'm sure MS will pull out all the stops for this announcement). In addition he said CheckFree is on target to break even this quarter, and profit in the next;-) ...and expect year end (6/30) revenue close to 235 million. He went on to say it is very easy to make projections in transaction processing. Benny

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