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Technology Stocks : CheckFree (CKFR)
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To: jjs_ynot who wrote (3686)4/29/1998 8:23:00 AM
From: micny  Read Replies (1) of 8545
 
In fact, "end user sales" drives subscriber growth and thus transaction growth. In an environment like CF is in, where they don't directly control end-user sales....guaging revenue and income growth is problematic and very difficult. Some distributors will be/are very effective some will be much less so. Consequently, comparable banks can have very different adoption rates....and very different transaction generation rates.

Consequently...they must have a pretty good handle on who is going to promote, when, and how, in order for to Pete to make public projections like that. He doesn't like being wrong!
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