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Technology Stocks : CheckFree (CKFR)
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To: AugustWest who wrote (7240)9/1/1998 12:54:00 PM
From: TLindt  Read Replies (1) of 8545
 
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.

There's another way to look at the revenue on this...8 Billion delivered at an average cost of 50 cents...means they will be spending 4 Billion a year on delivery...about 32 cents of that 50 is CKFR's.

CheckFree did 85 Million transactions in fiscal 1997, 1% of that E-Bill Market will double that, 2% will triple that, 3% will quad that, 4% will quint that...7% will Oct that.

However we shouldn't even discuss 50% share or better, because 4 Billion transactions blows the roof off this thing...ie 47 times 1997 volume. Why do you think Gates wanted in?

What ever they will do....I'll like a fool bought'um.
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