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


To: ae who wrote (3217)4/8/1998 10:00:00 AM
From: AugustWest  Respond to of 8545
 
"Paysense will be marketed to the largest 100 banks. It will be commercially available in the second quarter. Trisense is negotiating with 12 large banking companies, Mr. Lamm said. No bank has yet bought the system."

Compare that against this:

"CheckFree provides electronic banking and bill payment processing services for over 300 banks and approximately 1,000 merchants. In addition, CheckFree is the only company with an electronic bill presentment product that is in production and working for banks, businesses and consumers. Twenty-three of the nation's largest billers have already signed on to provide the product, CheckFree E-Bill, for their customers. CheckFree expects market penetration to extend to many of the top 100 billers by year-end. "

Maybe a year or two down the road. If they in fact get something other than a pilot in place this year.



To: ae who wrote (3217)4/8/1998 10:01:00 AM
From: Benny Baga  Read Replies (1) | Respond to of 8545
 
>>>More competition coming.....

I'm not sure I would call that competition. No bank has yet bought the system, is the most important fact in the article. I actually thought the article was very entertaining. I wish Mr. Lamm a luck, but I think he would have a better chance of developing an operating system to compete against Windows95. IMO.

Benny