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

To: Sam Biller who wrote (9994)	9/11/1999 9:12:00 AM
From: EPro	Read Replies (1) \| Respond to of 20297

Nothing new, but for the record; linked from Yahoo thread Page 3 CHECKFREE, THE ONLINE BILLING LEADER ? AN UPDATE by Michael Makowsky of The Bull Market Report CheckFree (CKFR) has not always been the easiest stock to hold onto. Over the past year CheckFree has been as high as $69 and as low as $5. They are currently sitting at $31, with more than one investor feeling the pinch after buying in the stock in the 50's and 60's. And there have been a lot of bad things written about them, with claims that they had failed to brand themselves to the public; that the competition is lurking in the shadows about to strike down a poor, unsuspecting CheckFree (CKFR); that they just aren't making enough money. But there was always that simple logic ringing softly in the ears of investors that believe in CheckFree, that they want to believe so very badly. And it really is a simple logic: I want to pay my bills online. I don't like to write checks. Everyone is going to pay their bills online. Eventually. And this is the beauty of CheckFree. But in all honesty, they HAVEN?T branded themselves to the public and this has hurt their stock price. But CheckFree HAS branded themselves to the industry. Ask anyone in technology or finance about online bill payment, checkwriting, etc., and they will to a T, speak of only one company: CheckFree. This industry branding is about to pay off BIG. The big boys want to be in on online bill-paying, and they are all going to CheckFree. There could be deals closing left and right over the next couple months, with companies like AOL and Yahoo. This is serious stuff and CheckFree is about to enter the tornado in a big way. It might not be $5 a share any more, but this is still an awfully good time to get in on what will be the revolution in how money changes hands around the globe. $$$$$ CHECKFREE REACHES DEAL WITH YAHOO CheckFree has reached an agreement with Yahoo allowing its payment processing services to be seen by up to 37 million visitors a month. COMMENT: The number of CheckFree customers who pay bills via the Internet is growing by 20 percent per quarter, vs. 6 percent per quarter for overall customer growth. CheckFree says 29 of its billers send statements over the Internet with 21 more testing their services. Yahoo is testing a process to let people get and pay their bills at its site (www.yahoo.com). The service should be available to the public by the end of September. (See article below.) The Yahoo deal ultimately will be huge for CheckFree. CheckFree processes bills for 3 million subscribers now and hopes to have 5 million subscribers by this time next year. The big unanswered question is where on the Net consumers will choose to pay their bills - whether they'll select sites like Yahoo or go directly to a biller's Web site or to a bank's. Our feeling is that they will go to the portals like Yahoo and MSN and not necessarily to the banks. The beauty of owning CheckFree is that they win either way!