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Technology Stocks : CheckFree (CKFR)
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To: TLindt who wrote (7239)9/1/1998 9:21:00 AM
From: AugustWest  Read Replies (2) of 8545
 
According to a recent study by Killen & Associates -- a market research firm based in Palo Alto, Calif. -- by the end of 2000, almost 8 billion repetitive bills will be presented electronically each year. The study also states that sending paper bills costs 60 cents to $1.40 per bill, while presenting bills on-line can cut that cost to approximately 50 cents. Overall, the Killen report asserts that U.S. utilities could save $1.2 billion in billing costs by using electronic bill presentment and payment.

Is that 8000000000 repetitive bills paid electronically by 2000? Maybe you're projected price by 2004 is being a bit conservative?
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