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Technology Stocks : CheckFree (CKFR)

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To: AugustWest who wrote (3529)4/25/1998 9:36:00 PM
From: jjs_ynot   of 8545
 
FYI a post by Last Shadow on the Market Gems thread

>>>To: AlienTech (8513 )
From: LastShadow
Saturday, Apr 25 1998 9:16PM ET
Reply # of 8516

FDC

Heavy accumulation on FDC at close yesterday on a strong base.

One other item of note is that Western Union obtained an exclusive, worldwide, license
to use technology developed by Electronic Data Systems (EDS) that enables consumer
initiated cash and cash equivalent transfers through ATM machines. By itself this could
develop into a very significant operation, but because it appears that the United States
government will require electronic funds transfer for their recurring payments, this
service, when fully operational, could be very important to Western Union, and
therefore First Data.

ls <<<
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