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Technology Stocks : CheckFree (CKFR)

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To: TLindt who wrote (3749)5/1/1998 9:13:00 AM
From: Benny Baga  Read Replies (1) of 8545
 
I know this has been posted but it's worth repeating:

biz.yahoo.com

"CheckFree is the exclusive major integrated bill presentment and payment provider to Intuit."

...'exclusive' is the key word in this phrase. What this really means that if MSFDC has a bill to present, they will not be able to through Quicken or Quicken.com. And in turn will have a hard time selling billers on their service because they will have only one end point (the MSFDC webesite). Where CheckFree has millions, 350 financial Institutions, 10 million Quicken customers, and who knows how many Quicken.com users(@Home, AOL, etc.).

It will be a wonder if MSFDC actually gets any of the major billers to sign on. And I didn't even mention the Closed Model problem (Bill Gates his holding the keys).

Benny(Just thinking out loud).
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