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

To: TLindt who wrote (5257)	6/22/1998 1:16:00 PM
From: PeterR1700	Read Replies (1) \| Respond to of 8545

Tom - LA Times (biz section) had a major story on e-commerce. I believe you guys have already discussed the following: "CKFR takes computer checks and must convert them to printed checks. The system ends up costing billers more money than the paper system because the checks have to be manually matched with bill stubs." Other links courtesy of LA TIMES: bankrate.com currents.net onlinebankingreport.com

To: TLindt who wrote (5257)	6/22/1998 2:53:00 PM
From: Kurt Peterson	Read Replies (1) \| Respond to of 8545

T: If you go back and look at the original post that inspired the one you responded to you will see that CKFR usually goes after the smaller banks' data processor, so that they can get the business from several small banks with one connection. It is truly the best way to approach that market segment. Also, <<who put up 41 community banks on the internet>>. Those 41 banks combined are not going to generate the revenue that one of the top 150 banks is going to generate. As far as buying a company to do it, that too takes money and resources, and the return on the investment is not as great as getting a bigger bank.