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

To: Charlie Smith who wrote (6280)	7/25/1998 9:20:00 PM
From: TLindt	Read Replies (5) \| Respond to of 8545

>>>I'm asking you to build a big mental "firewall" between payment and presentment. Presentment is Mail, OK...we are talking that instead of mailing paper...we propose to 'digitally transmit'. So who does Paper? US Post Office, FedX, UPS... But bills are mostly going thru the US Post Office, Right? Where do they send them? Mine come here to my house. The more I think about this......I like it that way.....I don't want any bank to be getting my bills or have accesss to them. Because the paper doesn't go their now, it comes here...and I'm gonna keep it that way by having them presented thru Quicken. That's where my financial information is kept. The Bank or Brokerage just holds it for me, but my summary information is in Quicken. Whoever I have send me a bill...the U.S Post Office or CheckFree....that's a relationship between me and MY BILLER. My Bank has no part in that transaction other than to process the check I write..The Brokerage to buy the stock I want bought... So I have a mental firewall. Quicken on the DeskTop is an Animal, Quicken on the WebTop will be a Beast...MO. And we do have an exclusive on that Portal, good start.

To: Charlie Smith who wrote (6280)	7/25/1998 10:45:00 PM
From: Brian K Crawford	Read Replies (1) \| Respond to of 8545

<<I'm asking you to build a big mental "firewall" between payment and presentment. On the payment side, CKFR admittedly cannot make it on its own. As you said, retail bill payment couldn't fly without the banks. On the presentment side, however, what is stopping CKFR from building absolutely the biggest, brashest presence it can and offering the most aggressive banks the other side (payment) of the deal? Charlie>> I believe I see your point. I just feel the current CF strategy is sound. Benny's post about what the consumer wants rings true to me...all in one spot...that's definitely what the folks providing web banking want...that should be what CF wants in the long run. Lets assume CF did go for the E-Bill equivalent of a digital land grab with a couple of big global banks. They successfully move a few million accounts to the megamonster banks...What impact would that have on the CF relationships with the bankers that weren't cut in in on the deal? I definitely plan to ask Pete Kight about this topic, assuming we aren't totally preoccupied with reeling in fish. Buenos noches, amigos. Brian