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

To: TLindt who wrote (10260)	9/17/1999 10:41:00 PM
From: Benny Baga	Read Replies (2) \| Respond to of 20297

>>> The three U.S. banks behind the new Spectrum online venture plan to offer billing services in the next two months. Great. Pilot begins in 2 months. >>>But they will not do the same with payments until the middle of next year when they have the venture working properly. Great. They will be in production in about a year, if they don't have any more delays. Any portals are going to be left in 12 months? Benny

To: TLindt who wrote (10260)	9/18/1999 3:11:00 AM
From: AugustWest	Respond to of 20297

The three U.S. banks behind the new Spectrum online venture plan to offer billing services in the next two months, joining the race for control of a new market that could be worth hundreds of millions of dollars. I went through my steno note books to find my notes on TEX conference call, but can't find them HOWEVER! I distinctly remember Sharron O. Saying they were GOING LIVE IN TWO WEEKS(limited participation or something like that). Now, nearly two months later, they are rolling out in the NEXT TWO MONTHS? Damn, it sure sounds like them and Bill Gates share the same fluffy fluff PR firms. I can't say I'm surprised about an announcement today(Like I said this morning to you before I took off). I am surprised it wasn't released about 11:30 a.m. though. Some one is gonna have hell to pay come Monday. They also hope that Spectrum will help them catch up with CheckFree Corp. which is far ahead of the pact more than 100 billers and nearly 3 million payees I didn't hear him say amen. Isn't that usually what one says at the end of a prayer? >>Scott declined to say how much money each bank had put up to create Spectrum, and whether they would eventually sell stock in it. "That is always a possibility." Okay, IPO yourselves. Send Out 5MM shares to the public. Keep about 15MM each(bank), and I'll give you 1/4 of $5.75 . She said Spectrum could grow into a formidable rival by capitalizing on about 59,000 billers and 60 million customers who already do business with the three banks. Only about 3 million of those customers bank online, however Yeah, and after that, their gonna turn water into wine. Okay, I really should stop taking shots at boneheaded press releases like this. I'll wait until I see their subscriber growth. Only thing, their costs will be buried so deep it won't be evident. until they decide to raise the rate of checks again!