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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 (19072)	12/11/2001 8:56:15 AM
From: p friend	Read Replies (1) \| Respond to of 20297

We keep reading about P2P and none of the articles or promotions mentions how long it takes to move the money. So far, I believe they take 2 - 3 days or more to get the money moved (from the time the payor issues the instruction until it is availiable in the payees account). Waaaay tooooo loooong. We are internet spoiled and we want everything to happen at internet speed. Yahoo's fees of 2.5 percent and 30 cents is waaaay tooooo hiiiiiigh. For P2P to become big and useful, the money will need to move same day and the fees will need to be below one-half percent, maybe significantly lower. We want to make lots and lots of transactions big and small and we want them cheap! Maybe not today, but this seems doable soon. And it would be desirable for consumers. So far, none of the vendors is even close to this. Until then, none of them makes money and adoption won't shoot up. When some very big vendor joint venture can do it this fast and this cheap, it won't matter how many subscribers anyone else has because all of the subscribers will jump ship to the big, fast, cheap supplier and everyone else's business in P2P will dry up. IMHO