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


To: Howard C. who wrote (10364)9/20/1999 1:12:00 PM
From: TLindt  Read Replies (1) | Respond to of 20297
 
>>>>CItibank sent letters out to all those using Citibank/Quicken, in which they said they would start charging fees, and urging them to switch directly to Citibank on line bill paying, for which there would be no fees.

Hey Howard...I think it says they don't understand why 8 Million households and 2 Million business use Intuit Products...I promise you this, it isn't to pay bills.

If I had an account with Citibank..or my bank did that...choice is simple for me...get another bank.

That just too stupid....and why you are at it stupid bank...I'll just e-mail you my 20 Meg data file and you can keep track of my finances.



To: Howard C. who wrote (10364)9/20/1999 1:13:00 PM
From: Brooks Jackson  Read Replies (1) | Respond to of 20297
 
Bad, I think. But not very.

CKFR gets the Citibank/Quicken business, but Citi uses its own in-house billpay for its web-based billpay, as I understand it.

But Citi may lose some customers over this. Me, for one. I don't know how many customers now use Citi/Quicken/CKFR, but it's probably not all that many.



To: Howard C. who wrote (10364)9/20/1999 4:41:00 PM
From: Gregg Soster  Respond to of 20297
 
Is this good, bad, or neutral for CheckFree?

I believe this is bad for CKFR. Citi actually runs their own BP service for the web client and runs Quicken thorugh CKFR. Essential they are trying to push clients off CKFR on to their own BP.

The fact that these same customers are on Quicken is just a holdover from the old ISC days. If Citi could just move the existing Quicken customers on to their BP they would but that would be a conversion nightmare.