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Technology Stocks : CheckFree (CKFR)

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To: jjs_ynot who wrote (4709)5/29/1998 4:25:00 PM
From: TLindt  Read Replies (1) of 8545
 
Wasn't Sears an FDC Client and in the MSFDC Pilot? Maybe they are the next to jump off that Tuna Boat....

Sears credit portfolio is by far the largest in the retail industry -- bigger than the next 10 combined. In 1997, more than 32 million Sears accounts were active, and the portfolio's average managed receivables rose to $26.8 billion, an increase of 10 percent over 1996.

biz.yahoo.com

From TSYS 3/31/98 Q press...

Continuing our commitment to develop and deliver new products and services to our clients, we announced an alliance with CheckFree (Nasdaq: CKFR - news) which will allow cardholders of TSYS clients to
receive and pay their credit card bills over the Internet.


biz.yahoo.com

Since Sears is a Client of TSYS now I doubt they'd be dinking with MSFDC...but hey stranger things have happened.



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