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Technology Stocks : CheckFree (CKFR)
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To: Benny Baga who wrote (3203)4/7/1998 12:12:00 PM
From: TLindt  Read Replies (1) of 8545
 
It is interesting to note that in last weeks BT Alex Brown upgrade of CheckFree to Strong Buy...their Estimates were.

FY 1999 0.30

FY 2000 1.00

They also noted...'Checkfree charges the biller $0.20 - 0.40 per bill presentment'~'there is no real volume of bill presentment yet and we have no revenue assumed from this service in our model.'

If you look back to the first of January CheckFree said they had cracked the 400,000 member level of Security APL Service.

This is what AB noted on that service....'In the Security APL business, the Company has approximately 423,000 portfolios it manages for $6/month with its Portvue software. This business, now at a $30.5 million run rate annually, is growing at 30%'

Check the Math....423,000 x 6 x 12 = $30,456,000
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