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Technology Stocks : CheckFree (CKFR) -- Ignore unavailable to you. Want to Upgrade?


To: Benny Baga who wrote (2443)3/10/1998 10:38:00 PM
From: robert scheb  Read Replies (1) | Respond to of 8545
 
Benny:

That MSFDC news is scary for CKFR holders. We're seeing just how powerful M$ may be.

Some news that may be significant for E-Commerce below. This was on Yahoo and when I went to retrieve it, it was gone. Went into my Netscape history to get it.

biz.yahoo.com

Scheb



To: Benny Baga who wrote (2443)3/10/1998 11:28:00 PM
From: AugustWest  Read Replies (1) | Respond to of 8545
 
Well. I suppose we'll just be waiting for the numbers to come in. They wont lie.

I imagine this is going to be a tough battle in a year's time or so. I can also imagine some banks' CEOs reading it as well, and saying no way. No #$%^en way. Time will tell. I'm still comfortable with the home team, and glad I bought my ticket through them.



To: Benny Baga who wrote (2443)3/11/1998 9:08:00 AM
From: BitWizrd  Read Replies (1) | Respond to of 8545
 
>>Founded in 1983, Princeton TeleCom is a leader in developing and operating electronic bill presentment and payment services for large corporate bill senders.

Ok, this is a laugh-riot.

Princeton TeleCom is nothing like a leader in any of the industries this piece of fluff says it is.

PT is in the business of receiving electronic payments on behalf of other companies and banks that may not wish to develop this capability on their own. PT is a payment concentrator, and only aspires to the rest. Full stop. End of story. Period.

This company has *never* been a CheckFree competitor, is not even in the same LEAGUE, though for years now it has imagined itself to be. There was some ugliness five years back where *rumor* had it the company was in trouble for sitting on funds a bit longer than truly necessary to collect interest on the float. It certainly has no bill presentment product. It's even less of a product than MSFDC's current offering.

PT has relationships in place with those companies for whom it receives bill payments, and the PR seems to indicate that it intends to try to leverage these relationships and try and sell its existing customers an as-yet non-existant presentment service.

This is not the bad news that PT would want us to believe it is. Ah, me, I needed a good laugh ...