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Technology Stocks : CheckFree (CKFR)

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To: Harp who wrote (6554)8/7/1998 2:40:00 PM
From: D Mueller  Read Replies (1) of 8545
 
The Postal Service is frantically looking at opportunities that keep them relevant as the new digital paradigm steam rolls their revenues. This looks like just one more angel.

Remember when the Postal service sued the overnight express mail carriers? Do you recall the standard argument that if mail delivery were left to only private carriers then some parts of the country would be denied delivery service because those delivery points were not profitable. That arguments go away in a truly digital environment. I say let the Postal Service compete with private enterprise, but my blood pressure rises a few notches when I here politicians start to talk about making things like e-mail addresses mandatory.

One interesting proposal I heard some time back was that the postal service was investigating the development of a sort of e-mail clearing house where (for a fee of course) documents could be time stamped and recorded by an unbiased 3rd party (the postal service). In certain applications e.g. the distribution of legal documents, important papers, maybe even electronic bills in some cases (tax payments??) this may have application.

Don (just some Friday musings)
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