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

To: jjs_ynot who wrote (7446)	6/29/1999 9:37:00 PM
From: David Torpey	Respond to of 20297

Yahoo? Avivah Litan, research director for interactive financial research at the Gartner Group quoted in the June 6, 1999 Bank Technology News that "My sources say that Yahoo is negotiating to acquire CheckFree's e-commerce and billing business." Continuing he says, "Portals, banks and brokerages look at electronic bill payment as a way to get users to their Web site, and if Yahoo buys CheckFree they'll be getting the monopoly seller of [EBPP] services, which would give them a big lead." The value of this "monopoly" is anybody's guess. What is the future value of several million eyeballs (transactions)per day? My guess is between 50 and 100 bucks per share (+/- 5 percent).