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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

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To: Benny Baga who wrote (3152)3/3/1999 2:57:00 PM
From: Gregg Soster  Read Replies (2) of 20297
 
<<<Yo! Soster, what's your take? >>

Somebody said, CKFR won't sign an exclusive, or wouldn't paint themselves into a corner, yet 4 short years ago, CKFR was effectively blocked from selling to banks because of a deal with MasterCard, ie MasterBanking. CKFR a year ago had a sales force of 20+ for ebill alone for more than 6 months without one deal.... at the time an exclusive deal for Internet distribution may not have been such a sacrifice if you just did a deal with Integrion.

So a year later what has changed..
1) Integrion is less than nowhere
2) EBill is gaining momentum but has changed so that CKFR is not a host but a aggregator.
3) CKFR sold the long term play for a fast start, not the first time. They didn't think the Internet was for anything more than Email 4 years ago... now its the main distribution channel. oops.
4) Banks failed to deliver the volume, (in bill payment not e-banking) so CKFR has to look elsewhere and Quicken.com alone is not enough, my compliments to Quicken.com for looking ahead.
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