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

To: zuma_rk who wrote (17741)	3/15/2001 1:09:55 PM
From: AugustWest	Read Replies (1) \| Respond to of 20297

Ouu ouu ouu! INTU getting spanked on profits rev warning. biz.yahoo.com

To: zuma_rk who wrote (17741)	3/15/2001 5:56:18 PM
From: noiserider	Read Replies (1) \| Respond to of 20297

Zuma and all, Dropping the lead time from 4+ days would also be a big feature (for example, using Schwab's "Moneylink" service, I can presently transfer money in two to three days). I believe a normal ACH transfer takes 2-3 days. It's not the actual transfer of money that is important, though. The guarantee of payment is the most important. As long as I know the money is really coming in a few days I can ship the merchandise that I advertised over eBay immediately. The only way to guarantee "good funds" is either to look into the consumer's checking account and reserve the funds or to know enough about the consumer's credit history for CKFR to assume the risk of payment. CKFR does the latter risk assessment (using Equifax) everyday when deciding whether to send a paper check or do an ACH transfer. The former must be done in conjunction with a bank like BAC or over the ATM network. I think CKFR will use all three means to guarantee P2P and internet merchant payments- risk assessment, bank affiliations and the ATM network. Also -- do you get the feeling that eventually the "good funds" concept for online auctions could lead to a COD-type service using, say, Mail Boxes Etc. as the middleman that would release the funds upon your acceptance of the merchandise? Yes, but I think it will be the USPS. Noise