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Technology Stocks : CheckFree (CKFR)

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To: BeverlyB7 who wrote (4010)5/9/1998 9:21:00 PM
From: TLindt  Read Replies (1) of 8545
 
>>>Integrion banks for them to use CKFR (exclusively) for the next 10 years.

It is not exclusive....for the banks of integrion to use checkfrees' services....however it is exclusive that checkfree will run the herndon, va operations center which provides the backend services to integrion banks like what checkfree currently offers.....

So it is best to view the entire deal as a 10 year merger...

Plus MSFDC will win a biller or two, so the banks if they want to be useful will have to be capable of directing their customers to those bills. Unless Checkfree & MSFDC make the Link for them...
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