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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?


To: Brooks Jackson who wrote (6375)6/15/1999 7:23:00 PM
From: tktom  Read Replies (1) | Respond to of 20297
 
I don't know Brooks, when the have their 100 billers by June 2000 and offer to a completely round turn bill presentment and bill pay with the click of the mouse, it's worth more that $5.00 to me. The free bill pay "will be a couple of billing cycles" per Pete Kight, so I read that as 2-3 months. The bill presentment still earns CKFR the $.30 per bill, I believe. Heck, I know a friend signed up two months ago with a bill pay service, and he fits their profile quite well..Wouldn't go back if a team of wild horses tried to dragged him back to the paper method....



To: Brooks Jackson who wrote (6375)6/15/1999 7:33:00 PM
From: Benny Baga  Respond to of 20297
 
>>>And personally, I need a lot more convincing that this new strategy can work.

Well, if your a long term investor, AOL becomes a good example. In fact, recently(within the last 12 months) AOL raised their prices from $19.95 to $21.95 (per month), even with all the competition from Earthlink, MindSpring, DELL, etc. Even with the higher price, current AOL customers have stayed with that same provider.

Now you may say Internet Access is more important than E-Bill. That may be a valid point, but some would disagree.

To me the real key (and I'm crazy I know) is that the more E-Bill's delivered, the higher cost of the stamp, which in turn drives E-Bill, which in turn drives up the price of a stamp. Like a dog chasing its tail.

Benny (IMHO)



To: Brooks Jackson who wrote (6375)6/16/1999 10:11:00 AM
From: Bruce Prescott  Respond to of 20297
 
"$5/month is way more than most people spend for stamps"

It's not the price of stamps that has me sold on EBPP, it's the convenience. It is so much easier and quicker to pay bills online that I consider the $7.50 a month that I have been paying a bargain. Checkfree already beats the provider that my Credit Union uses but it is too much trouble to switch providers for $2 or $3 a month (even though I own stock in CKFR). When they start offering free service, I'll be at the front of the line to accept the offer. When they ask me to pay a reasonable fee for their services, I'll be happy to pay it.

The only thing that would make the experience better would be to receive my bills online. I hate having to dig through reams of junk mail and magazines and letters to find the bills I need to pay. It would be worth another $2.50 a month to be able to go to a single electronic location to view my bills and then pay them.

I consider myself a fairly frugal person. I'm so cheap I use the ATM's at my own bank's branches to avoid paying fees.

Bruce