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


To: micny who wrote (6922)8/19/1998 12:04:00 AM
From: g_m10  Respond to of 8545
 
I was one of those who thought that when Pete "validated" the $.32 number he would have known with absolute certainty that that #, plus a safe margin, was a can of corn.

I too was one of them, and I still feel myself as a complete fool and idiot.
What about analysts? Most of them had a very vague understanding of the company's business and relied mostly on management statements. They rated the co. as a strong buy at $30. He made them all look like a bunch of fools. They are not going to forgive it to him any time soon.
Kight must've given them a guidance in advance. They'd appreciate it and provided a soft landing for the stock. The stock price would never go below $18. With all due respect to Kight's achievements in developing his business, he blundered PR in the stupidest possible way.



To: micny who wrote (6922)8/19/1998 6:59:00 AM
From: TLindt  Respond to of 8545
 
One more standard?

pubs.cmpnet.com

Efforts are also under way to devise standards for Internet billing. The National Automation Clearing House Association (NACHA) just signed an agreement with the Banking Industry technology Secretariat (BITS) to develop a series of best-practice guidelines for Internet bill presentment of all kinds. Interoperability will be a key focus of the newly formed Bill Payment Council.

I don't know how accurate that is becuase of this...

Electronic Data Systems (EDS) is among a growing list of players in the nascent market for Internet-based billing. Most notably, Microsoft and First Data Corp., through a partnership called MSFDC, have launched a series of pilots aimed at providing bills to consumers. AT&T, Intuit and Just-in-Time Solutions are also working together on a competing system, and IBM is working on solutions through its banking customer base. In addition, CheckFree Corp. has begun offering a so-called E-Bill service and is attempting to leverage existing relationships with billing companies.

That entire sentance above in bold should have been...

Checkfree, Intuit and Just-in Time Solutions are also working together on a competing system, and IBM and CheckFree are working with a Banking Consortum, Integion, to bring solutions through the Bank customer base. In addition, CheckFree Corp. has begun offering an E-Bill service attempting to leverage existing relationships with billing companies, among them AT&T.

Until these 'peckerheads' get the story straight I'm a buyer...when the story is reported correctly...I'm gonna sell into....IMHO.