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

To: Charlie Smith who wrote (6840)	6/23/1999 8:41:00 PM
From: Erik T	Read Replies (1) \| Respond to of 20297

If these banks can build a simple direct connection between their existing corporate "lock boxes" and millions of DDAs, they have something. But why do this now? The banks could have been doing this for many, many years, but chose to outsource this function. Besides, doesn't this just address the on-us payments? To have viable EBPP solution, you still need pay anyone. If they use CKFR only for the payments that TEX cannot make electronically, CKFR will just charge more for this service. And why would Banc One, or any other bank, want to funnel their payments through a competitor? It's the same argument against using TP and Citi. Erik

To: Charlie Smith who wrote (6840)	6/23/1999 9:51:00 PM
From: g_m10	Respond to of 20297

Charlie, This post is not for sake of arguing, just trying to find some answers. This is the core of the potential trouble for CKFR... If these banks can build a simple direct connection... Exchange is not out of the woods with presentment phase yet. IMHO, this is the easiest of two parts. Even TP can do it. <G> Still, in banks opinion they are somewhere a half way through. What about the second phase - payment? How long may it take Exchange to figure out if they can build it, and if they can do it in a timely fashion? And what can we call a timely fashion in EBPP deployment these days: a year, two or three? And, BTW what is eternity? Do banks have this luxury? Before starting Integrion 2 <as per B.B.>, have they figured out why Integrion 1 fell apart? Why it didn't produce anything? The fact that they didn't own technology and didn't want CF monopoly doesn't explain me too much. Integrion could afford to buy CF at any time. Do Exchange founders dream of their own monopoly? Banks of the Exchange don't even have technology yet and they expect other banks to subscribe for another Tower of Babylon. Sure, some banks will get inside to gether intelligence, but not much beyond that. Just trying to make sense.