To: Jenna who wrote (12509 ) 8/4/1998 6:51:00 PM From: TLindt Read Replies (1) | Respond to of 120523
I suggest CKFR. CheckFree.checkfree.com Largest software provider in U.S for Automated Clearing House Transactions...ACH with +70% market share. Largest on line Bill Payment Processor in the US with +70% market share. Just finishing 2 and 1/2 year Genesis Platform Project...which will support 15% of the Households in the US for on line Banking. Partners with Integrion, Integrion is composed of the some of largest Financial Institutions on Earth and IBM. 10 Year agreement to handle the Herndorn Integrion Bill Pay operations.integrion.net Adding 200,000 new customers every 90 days for the last 9 months, total at 3/31/98 was 2.4 Million Customers; +70% of the on line Banking in the US. And this is considered slow growth....as Major US Financial Institutions make the shift from in house dial up service to Internet Based Banking. Which is starting right now....August to December roll outs. Poineer of EBPP---electronic bill presentment & payment....have bills delivered to an internet site and paid vs. your mail box. AT&T would be the largest biller they have signed to date, along with some Baby Bells, GTE, and some of the largest Billing Companies in the U.S. This service is will begin to roll out in the next 90 to 180 days. At Checkfree Banking Partner Internet Sites...and Quicken.Com. Net revenues set to triple by analysts estimates the next 2 years 99 & 00. From a small negative, year end is 6/30/98. To 32 cents in 99, and a buck in 00. Beyond that, it's anybody's guess....but it looks good to me Just achieved BE last Q, First Profit this Q. 9 Strong Buys, 3 Buys, and a hold...biz.yahoo.com Currently the Stock has come off record highs with the internet correction....and based on support at 23 today, up 2.57% in this sick market. I think it's a 10 to 1 return( 5 year time frame) if on line banking catchs on this fall when it moves to the internet.