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Technology Stocks : CheckFree (CKFR)

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To: AE who wrote (7542)9/15/1998 12:36:00 PM
From: Big Al  Read Replies (1) of 8545
 
>>>BOA and Nations merger. I'snt NAtions a big CF customer.<<<
A.E.,

Currently this is a big question that is not known at this time by anyone but BOA and Nations. BOA's Electronic BAnking division is fighting for their life and would like Nations to end the CF relationship. Yet, Nations is a big CF customer and has had a good long term relationship with CF. It just depends if Nations wants to be in this business when they are doing just fine with CF.

One would think that Nations would want to follow Citi's lead on exiting this business, but your looking at lost jobs. Maybe Nations can do a deal CF concerning divesting of BOA's E-banking business. Bottom line, the Nations contract is up in the air at this time. I got this from a most reliable source. Losing this contract is a potential hazard for CF.

A.H.
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