To: Alan Gallaspy who wrote (1002 ) 2/1/1998 9:19:00 AM From: TLindt Read Replies (1) | Respond to of 1546
>>>Anyway, I am feeling so confused right now, I have essentially decided to do nothing. When I don't know what's up.....I read. Your origional reason for taking a long in Intuit at $50 was on target, just years ahead of the trend, and there was a war going on at that time. What I have found out thru my reading is you need to know about a couple of things here in order to understand what is happening in the market place at this time. #1 You need to know about the OFX platform, proposed by MicroSoft, Intuit & Checkfree. #2 You need to know about the IFS platform[gold standard], proposed by the Integrion group of Big Banks & IBM. Which represent 75% of Checking & Savings Accounts in the US. integrion.net You can track both of these platforms starting from this site. It is monitoring the movement of these platforms to one standard.onestandard.com Once you have the basic Idea of what's up now...you maybe can see why I'm so pumped up when Checkfree signs a deal to process & partner with Integrion for 10 years. Because, that news esentially unites the two opposing camps on one standard. No longer is it the Brick & Motar Banks of the World against the Software gaint MicroSoft & Financial Software Powerhouse Intuit. But they are now finally on a path towards putting this entire concept in motion......and CHECKFREE is the 'olive branch' backend processor chosen by Integrion to bring them up. But one thing at this point is totally undenible...and that is now that this War is Over. Some of the largest Billers & Financial Institutions in The World are making the investments in infastructure based on these standards to bring this concept into reality. Now there are 2 ways to go.......#1 sit back and watch, because it is happening. Not a fairytail or hype.....it is happening. Or #2, find out who the players are....and consider investing in some.