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Non-Tech : EPAY-Bottomlinet Technology

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To: cool who wrote ()	3/18/1999 12:59:00 PM
From: AugustWest	Read Replies (9) of 11

(COMTEX) B: FEATURED NEWS FROM BUSINESS WEEK ONLINE'S DAILY BRIEFING B: FEATURED NEWS FROM BUSINESS WEEK ONLINE'S DAILY BRIEFING NEW YORK, March 18 /PRNewswire/ -- The following articles are now available exclusively on Business Week Online's Daily Briefing (http://www.businessweek.com/today.htm). Business Week is a division of The McGraw-Hill Companies: Playing E-Commerce through E-Payment Stocks (http://www.businessweek.com/today.htm) As bill-paying and other financial transactions spread through cyberspace, some companies will cash in. A somewhat obscure software maker with the eye-catching ticker symbol "EPAY" (calling to mind the soaring share price of Internet auction outfit eBAY), has been one of the most actively traded stocks of the past week. EPAY is Bottomline Technologies, which makes financial software for businesses and went public on Feb. 12 at $13 a share and traded in the low 20s for the better part of a month. But thanks to positive analysts' reports on Mar. 10 that tied the stock to electronic commerce and attracted the enthusiasm of day traders, Bottomline rocketed to a high of $98 on Mar. 16. Then traders started selling en masse. "Get out now!!!" read one posting on an Internet message board that morning. EPAY closed Mar. 17 at $77 5/8 -- not bad considering one analyst set a price target of $45. EPAY's recent run seems a sign that investors' are eager to find a way to play the growth in online banking and bill-paying. But dozens of other companies are also providing banks and businesses the software and services they need for Internet payments. And some may ultimately prove better positioned than Bottomline to benefit from the trend. Small business: Where Nice Guys Do Finish Last: In Negotiations (http://enterprise.businessweek.com) Are you involved in hot and heavy price negotiations? Here's some advice: Drive a hard bargain, and don't worry about being pleasant. That's one message that booms out of a study of what works at the bargaining table, done by two management professors from Vanderbilt University. The Enterprise site on Business Week Online says the study reveals what qualities a good bargainer needs and how to improve your odds. Business Week Online's Daily Briefing presents important stories every day that you won't find anywhere else. From the world's best-selling business publication, BW Online is a full-service business information resource. Bookmark businessweek.com and visit daily. A special edition of Business Week Online is available on America Online, keyword: BW. SOURCE Business Week Online -0- 03/18/99 /CONTACT: Joe Mandel of Business Week Online, 212-512-2489/ /Web site: businessweekonline.com CO: Business Week Online ST: New York IN: FIN MLM PUB SU: * end of story *

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