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

To: TLindt who wrote (2668)	3/19/1998 9:09:00 AM
From: Benny Baga	Read Replies (1) \| Respond to of 8545

Thanks, I guess CYCH is more of a foe to Harbinger of Open Market (Vans). I think CYCH is a good stock to watch, I think it is a 'Wild' Mustang, a couple consistent quarters would help break it in. IMO. Benny

To: TLindt who wrote (2668)	3/19/1998 9:26:00 AM
From: BitWizrd	Respond to of 8545

CYCH covers the area of payments that Checkfree does not directly address....that being One to One. One Biller, Merchant to one customer. Which includes online shopping from a web e-tailer. Actually, five years ago CheckFree licensed CYCH "Wallet" software (now shipping with IE 4.01). The Wallet is a browser plug-in that lets you select a credit card with which to pay for a web transaction. It saves you from having to type in 16 digits plus expy, and uses S/MIME (rather than SHTTP) to pass the payment info encrypted. I believe CheckFree allowed the license to expire after they sold off their credit card processing unit. The wallet software is free to users, but merchants had to buy special server software, and in some cases, sign processing agreements with credit card processing companies. I think this is why it did (does) not enjoy widespread adoption. Took profits on T and loading up on CKFR in advance of quarterly earnings. Fingers crossed, belts buckled, ground control to Major Tom ... BitWizrd (Zaphod on Fool Web).