Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: micny who wrote (7521)	9/14/1998 5:50:00 PM
From: AE	Respond to of 8545

Another great site e-comm.internet.com

To: micny who wrote (7521)	9/14/1998 6:24:00 PM
From: TLindt	Respond to of 8545

Remember, bankers are conservative by nature and that any banker "on the fence" about using a Microsoft/FDC product will now be much less inclined to do so. It would have been difficult before this alliance to present a cogent, compelling case for using Microsoft/FDC, and now it has been made much more difficult when such an argument must rationalize pouring money into the coffer of one of the banking industries fiercest compoetitors. If that isn't enough, the case would have to be made for selecting a system that wasn't architected to work integrally, has yet to be integrated, and won't be stress tested in a production environment for a long time. I think MSFDC has been badly hurt. ........................................................... Opinion from an Idiot. It just shows how bad things really were at MSFDC... #1 They were never going to get critical mass to launch a service, unless they had pay anyone abilities. What was the number 8 to 10 bills a month for critical mass? Neither service is going to have that many presentments on day one...so pay anyone IS needed. #2 Payone...and we've talked about it requires the payor service to make sure they are paying with good funds. That the money being paid is actually in the Customers' CheckBook? It's easy for Citi..dealing with Citis' own Customers....they should know what the balance is? But their are 12,000 other Banks out there...Guess all the other Banks are going to have to tell Citi if the Funds are good. Or give CITI access to everybodies Checkbook balance in the United States to CITI to pull it off. #3 One of the Peachy Keen things MSFDC was offering, and that was to split the revenue with the "Branding" MSFDC Bank for Presentment Customers pushed to Sign Up with MSFDC? We'll split the Revenue with ya....YEA RIGHT...and put a fox in your hen house! ie...from now on they just as well ought to call CITI when there's a payment debacle. After a while they might as well call CITI for everything, since they will be doing all the Bank Customer Accounts Receivables. #4 One System has been rejected by the marketplace, and one system don't work yet. So you are adding something nobody wants, with something that don't even work...sounds like a success story to me. #5 Everybody wants the pot of gold at the end of this rainbow...I think they ought to get into sheep farming.

To: micny who wrote (7521)	9/15/1998 7:24:00 AM
From: AugustWest	Read Replies (1) \| Respond to of 8545

S'more CitiCorp stuff....http://biz.yahoo.com/rf/980914/br4.html ''Citibank has always hedged their bets, and they are hedging their bets again,'' said Bill Doyle, director of Forrester Research's money and technology service. Just last month Citicorp agreed to become an ''anchor tenant'' on the finance site of Microsoft rival Netscape Communications Corp. (Nasdaq:NSCP - news), opening a new avenue to develop online banking business. And Citibank is among about 18 financial institutions belonging to Integrion, a consortium on banking technology that is allied with International Business Machines Corp. (NYSE:IBM - news) and TransPoint rival CheckFree Corp. (Nasdaq:CKFR - news). ''They're playing these guys against one another, and that's very smart,'' said Doyle. Well I said it before and I'll say it again, like sheep they'd be lining up for the butchering block. Of course, they are human, and not devoid of free will, so all we can do it expect that common sense would prove to foreshadow what Gates & Co. would have in store for these folks....like if this statement is true... Banks long have been wary of Microsoft's designs on their business, and some analysts said Citibank's move could spur other banks to form alliances with TransPoint, if for no other reason than to stay apprised of the potential business threat. I don't think anyone needs to tell them, it's not like a consumer product company trying to get their product in as many grocery stores as possible. Is it?