>>>Here on this thread we complain about this strong arm tactic (lawsuit), but as you said yourself the software is the best out there.
A couple points, the "lawsuit" is more representative of Intuit waving a White Flag, more than anything else. Intuit has Lost. It's not so much CheckFree wanting to work directly with the portals, but the Portals wanting to work directly with CheckFree. In addition, CheckFree has many points to argue in reference to the suit...
* Priceton Telecom/Intuit announcement a few months ago.
* The fact that Quicken.com is not up and running (Intuit has not shown satisfactory effort under the current contract).
* Consumer Choice
* etc.,etc.,
In any case, there is a 99% chance this will be settle way before any court action. CheckFree will give in a little, but I don't expect any delays in portal announcements/timetables etc. In the coming months, it will be clear..CheckFree does not need Intuit. The internet has changed everything.
Didn't Intuit pay 30 million to AOL back in Feb. 1998?
,,,,,,,,Re: Pat Burton
In Pat's report, he comes to three possible conclusions of the Intuit lawsuit.
#1 and #3 are the same (CheckFree cancels portal deals), he just stated it two different ways for the effect. He inserted #2 (so nobody would notice #1 and #3 are the same).
#2 was that checkfree does not cancel portal deals and Intuit sells CF shares (which I think AT&T would love to buy, BTW)
..I would like to add..
#4 CheckFree wins the suit.
#5 Intuit and CheckFree reach a compromise.
Benny(IMHO) |