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

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To: Roger Bass who wrote (4090)3/29/1999 9:11:00 PM
From: Sam Biller  Read Replies (1) of 20297
 
>>>CheckFree is moving to a so-called 'Good Funds' model, where availability of funds is verified before payment.<<<

This may be the change which took place at NationsBank Florida last year...

Broadcast Message From NationsBank
Date: Fri Nov 20 1998 03:31:04 am
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Important! CHANGE OF SERVICE NOTIFICATION. Beginning on December 4, 1998, the $25,000 maximum limit on any transfer made through QuickenTM is no longer in effect. The new maximum dollar limit will be equal to the available balance in your deposit account plus the available balance or credit available in any other account or line of credit attached to the deposit account to provide overdraft protection. Overdraft advances will be made in accordance with the terms of the agreement applicable to that account.

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Anyway, I have a $10k line of credit so I don't have a problem. This seems to be the good funds model...

Sam (FWIW)
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