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Technology Stocks : CheckFree (CKFR)

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To: Charlie Smith who wrote (6280)7/25/1998 9:20:00 PM
From: TLindt  Read Replies (5) of 8545
 
>>>I'm asking you to build a big mental "firewall" between payment and presentment.

Presentment is Mail, OK...we are talking that instead of mailing paper...we propose to 'digitally transmit'.

So who does Paper? US Post Office, FedX, UPS... But bills are mostly going thru the US Post Office, Right?

Where do they send them? Mine come here to my house. The more I think about this......I like it that way.....I don't want any bank to be getting my bills or have accesss to them. Because the paper doesn't go their now, it comes here...and I'm gonna keep it that way by having them presented thru Quicken. That's where my financial information is kept. The Bank or Brokerage just holds it for me, but my summary information is in Quicken.

Whoever I have send me a bill...the U.S Post Office or CheckFree....that's a relationship between me and MY BILLER. My Bank has no part in that transaction other than to process the check I write..The Brokerage to buy the stock I want bought...

So I have a mental firewall. Quicken on the DeskTop is an Animal, Quicken on the WebTop will be a Beast...MO. And we do have an exclusive on that Portal, good start.
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