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Technology Stocks : CheckFree (CKFR)

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To: Benny Baga who wrote (3548)	4/27/1998 8:05:00 AM
From: Benny Baga	Read Replies (1) of 8545

>>>Banking on Tribeca Billing Service Well this article has some obvious errors: >>>a consortium spearheaded by IBM and 16 banks ....Last I checked it was 18 Banks, I guess with the mergers you could count it as 16. I heard a rumor this weekend that Fleet and First Union will merge (so maybe 15 banks). I wonder if it will ever be one bank? Integrion Bank? >>>Most large banks cater to their customers and will probably end up implementing all three technologies--Tribeca, MSFDC and CheckFree. ....This is incorrect. Pete talked about this last quarter, and said that It would be very expensive for Wells Fargo to use both MSFDC and CheckFree, and most likely would not continue. The article also compares OFX to GOLD. There is no need to compare the two since they will be combined. Benny

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