CheckFree Holdings Corp. (CKFR), the next Dell, Intel? Message Board

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

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To: Big Al who wrote (3487)	3/6/1999 5:28:00 PM
From: Sam Biller	Read Replies (2) of 20297

>>>Interesting article in EBPP with mention of CF in todays edition of Investors Business Daily. Computers and Technology, P.A-6.<<< Web Surfers Love To Ship, But Hesitate to Pay Online by Doug Tsuruoka, Investor's Business Daily Face it: The idea of getting an paying bills on the Internet hasn't gelled. Consumers can automatically deduct funds from bank accounts for monthly electric and credit-card bills. Butt less than 1% of all household bills today are handled electronically. And despite the growth of electronic commerce, more than 65 billion checks are processed each year. Even those who do pay bills in cyberspace still seek paper statements in the mail as backup. Conversely, few companies use electronic mail to bill customers -- most send paper statements through the post office. <long snip> Columbus, Ohio-based CheckFree Corp., a provider of billing software and services for large clients, signed up Illinois Power Co. in February. Illinois Power -- a regional power utility and subsidiary of Illinova Corp. -- has 650,000 customers who will be able to receive and pay bills online at participating sites. Analysts say it will take time for electronic billing to win wide acceptance. But Mobius' Gross [chief executive of Mobius Management Systems Inc., which makes electronic bill payment and financial archiving software] holds out hope that consumers are ready to make the plunge. "We have to take that security blanket called paper away from our customers and see what happens," Gross said. IMHO, a fairly accurate article in contrast to the Barron's article.

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