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To: M. Marquette who wrote (624)3/12/1998 12:43:00 AM
From: David BarrRead Replies (1) | Respond to of 118717
 
I think CheckFree holdings (CKFR)is presently the ultimate value
stock. The only reason it might not belong on this thread is
that it's p/e is NA but it's gains should be more than 50% easily.

Here's why:
CheckFree is set to process electronic bill payments. You can use
the internet to pay bills right. Well CKFR is the one doing it right
now. They hold 80% of the market right now but talk about a lot of
potential. How many people will pay bills via the net in the future?
The real interesting thing is that they have an agreement with a
coalition of banks (Integrion it's called) which was signed today.
It is a done deal. Banks will offer you the ability to pay bills
(and other services) via the net but guess who is behind the scenes
doing the processing... CKFR. Also, note that the banks will provide
the customer interaction(i.e. advertising). CKFR has been working on
a huge processing centre (Genesis) which is capable of handling
bill payment from 30% of US homes. This comes on line in the summer.

Integrion is owned by ABN Amro North America, Banc One, Bank of
America, Citibank, Comerica, First Chicago NBD, First Union National
Bank, Fleet Financial,IBM, KeyCorp, Mellon Bank, Michigan National
Bank, NationsBank, Norwest, PNC Bank, Royal Bank of Canada, US
Bancorp, Visa USA and Washington Mutual Inc.

The SI thread is awesome for this company and goes into great detail.
www3.techstocks.com

It is really hard to figure out when this stock will come through
however, it will and it will certainly be big. Excuse the hyping
I'm a little excited. Check it out for yourself. Good luck. Dave