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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?
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To: Wesley0428 who wrote (3064)3/3/1999 11:34:00 AM
From: jjs_ynot  Read Replies (2) of 20297
 
My 2 cents FWIW:

Intuit announced today the acquisition of a business-to-business payment processor/software company for $240 million.

This suit looks like an attempt for INTU to extricate themselves from the exclusive contract that they have with CKFR, or at least renegotiate the terms to allow their new acquisition to pursue all of INTU's corp objectives.

Prediction, this will be settled quietly behind closed doors.

SORRY if I am duplicating what others are saying.
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