MSFDC - Microsoft/First Data Corp Joint Venture Message Board

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Technology Stocks : MSFDC - Microsoft/First Data Corp Joint Venture

MSFT 506.00

+1.8%

3:59 PM EST

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To: AugustWest who wrote (18)	5/20/1998 8:51:00 PM
From: jjs_ynot	Read Replies (1) of 126

AW, Speaking of MSFDC; FDC is loosing money on this venture and continuing to pour dollars into it. The reason that they continue I believe is a fear of quick erosion of their main business. I believe 70 percent of their revenue comes from processing paper credit card transactions. With deals like today of VISA/CKFR teaming; the paper transactions may start to decline precipitously. Dave

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