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

To: noiserider who wrote (18655)	9/17/2001 6:51:24 AM
From: noiserider	Respond to of 20297

The WSJ reports that the Securities and Exchange Commission has waived a list of rules in an attempt to encourage buying at the reopen of trading today. SEC lifts the regulation preventing companies from buying their stock in the first and last 30 minutes of the session (for as many as 10 days) and is allowing companies to buy up to 100% of the previous month's avg. daily volume (up from 25%). Additionally, corporate insiders will be able to purchase shares regardless of when they last traded. Noise

To: noiserider who wrote (18655)	9/17/2001 7:50:35 AM
From: Benny Baga	Read Replies (1) \| Respond to of 20297

>>>""I have a few new insights which I will post later tonight."" Ok, some of this stuff I picked up at the meeting, other stuff I just discovered on my own.... 1. Citibank and CheckFree have been processing each others payments (citi is keeping this fairly hush, hush). A while back Citi and CheckFree got together and agreed to process each others payments to enable more electronic payment routing. Early on it was a 10:1 ratio (checkfree processing 10 Citi transactions electronically and Citi processing 1 checkfree transaction electronically). I believe Citi likes to keep this quiet, but it is good business for CheckFree. CheckFree also processes Citi's Balance Transfers. I'm not sure what percentage or anything, but a good sign. 2. AOL is treading water. I'm not sure if AOL will switch providers for bill pay, but it doesn't look like it will matter much. AOL is not expected to change its current bill pay offering in any way (in other words AOL bill pay is lame, and will say that way). AOL Bill Pay subs are very, very low. CheckFree is very happy with Yahoo! and MSN. 3. Pete S. bought 5,000 shares. 4. CITIZENS FINANCIAL is buying out Mellon. Citizen is a CheckFree bank (I'm pretty sure), Mellon is a In-house shop (for web pay). 5. Spectrum. Spectrum has bragged it can offer its services for 10% of what CheckFree charges. In reality that is because they only do about 10% of what checkfree does (no back office support, audit tracking customer support, backend integration, etc..) Spectrum is identical to Mastercard RPPS, basically they are both switches, it is up the bank to do the rest. Best Wishes all, Benny