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


To: Benny Baga who wrote (6430)6/16/1999 4:54:00 PM
From: Brooks Jackson  Respond to of 20297
 
Re freeloader-to-customer issue: CKFR informs me that their free introductory period will apply ONLY to billpay -- the same thing most customers pay for today. There is no plan to charge customers for receiving bills by e-bill.

I am told that promotional ads for the trials will say "Sign up
and pay all of your bills free of charge for X months." Once consumers
are hooked, CheckFree will charge for bill payments either through the financial institutions or the portals.

Bill presentment will always be paid for by the billers.

So -- that makes me feel better about this. What remains to be seen is how long the free trial period will be, how soon it will be launched and how many freeloaders will in fact become paying customers. I have no doubt there will be lots of people who want to try it.



To: Benny Baga who wrote (6430)6/16/1999 5:51:00 PM
From: micny  Respond to of 20297
 
Benny, one might even hope that, because of the "stickiness" a portal signup will secure for the portal, CF could negotiate a cost sharing arrangement, such that the portal would subsidize the "free offering". He might then extend the offer to banks. If so, he could generate twice exposure/signup potential, at effectively the same cost per signup. JAT



To: Benny Baga who wrote (6430)6/16/1999 6:02:00 PM
From: Rob C.  Read Replies (4) | Respond to of 20297
 
BB,

Once the customers are signed up, what are the monthly fees?, I don't pay any right now. If you have enough money in your account, the fees are waived by Chase. I would imagine other banks would be similar.

When we have 10,000,000 customers, what will CKFR be earning? I would say that by the end of 2001 this would be a lay-up.

The portals are going to have a field day marketing this for us. I just hope that we get to have a "powered by Checkfree" somewhere in there.

Regards,

Rob



To: Benny Baga who wrote (6430)6/16/1999 8:43:00 PM
From: David H. Zimmer  Read Replies (1) | Respond to of 20297
 
Your response seems to be correct. It is the banks that have to attract the client and CKFR's product can be set up as a loss leader to attract deposits.

The billers have little reason to pay anyone in this field for their "inventory" of bills as the current CKFR model is dependent upon receipt of same.

Catch you later -- hope your cold is better.