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Technology Stocks : CheckFree (CKFR)

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To: chirodoc who wrote (7343)9/7/1998 8:56:00 AM
From: Benny Baga  Read Replies (2) of 8545
 
>>>any sense from the conference that BANKERS are MORE leary of msft NOW?

Well, it's rumored that Key Bank wants out of its pilot with MSFDC. In addition, Mellon bank is looks like it may go with CheckFree in the near future. I think the only pilot that is up and running is the Wells pilot, which is very small, with many issues surrounding it.

As far as CheckFree going international. I think CF has a few people looking into partnerships, markets, etc. (in Italy, etc..). CheckFree will be the first to tell you that there is more than enough opportunity in the U.S., especially if you look at small business to business transactions. CheckFree has delayed partnering with the VANs in order to concentrate on small business via QuickBooks. CheckFree is currently working on multi-invoicing for Quickbooks, a complicated process, but one that is needed.

Benny
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