MSFDC - Microsoft/First Data Corp Joint Venture Message Board

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

MSFT 511.36

+0.5%

Nov 12 3:59 PM EST

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To: Benny Baga who wrote (28)	6/8/1998 10:47:00 AM
From: Benny Baga	Read Replies (1) of 126

Bad news today. Between the Banc One announcement and the Wells/Norwest announcement, the total number of Bank Pilots is essentially down to only Two Banks, Wells(with norwest) and KeyBank. Although Wells has increased in size, MSFDC would be better off with a larger number of Pilots. In addition, it is reported that Pete Kight frequently visits Wells Fargo, and is currently under a 5 year contract for bill pay. IMO MSFDC is really down to one bank, Key Bank. The bad news about Key bank is that it's located in OHIO, Pete's home town. Pete has been know to have a strong influence on companies based in Ohio. Benny

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