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Technology Stocks : CheckFree (CKFR)

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To: Benny Baga who wrote (5095)	6/11/1998 12:30:00 PM
From: TLindt	Read Replies (2) of 8545

Ok then wish #1...a CheckFree Alliance with SETCO. From that IBM press.... SET Secure Electronic Transaction LLC (commonly referred to as SETCo) was established by Visa and MasterCard in December 1997 as a legal entity to manage and promote the global adoption of SET. American Express Company [NYSE:AXP - news] and JCB Company Ltd are joining as charter members of SETCo and will become co-owners Reasons... 1) Integrion and CheckFree are Partners 2) Then OFX and Gold are to Merge to one standard. 3) Integrion hooks up Visa and CheckFree...thereby getting SET and OFX/GOLD to talk to and work with eachother seamlessly. 4) The next logical step is for MasterCard, American Express to Follow the VISA/Integrion lead and let the banks regain some control internally of their Branded Card processing. Which would play right into their vested interest to deal again with CheckFree. So 2 guesses in addition to American Express would be MasterCard and every merchant involved in SETCO.

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