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To: AE who wrote (7542)9/15/1998 11:12:00 AM
From: micny  Read Replies (2) | Respond to of 8545
 
Don't these sound like quotes from an ANALyst that feels compelled to say something, anything?? I gotta believe he can't find his ass with both hands!

>>>Bank of America is mulling

>>>...apparently won't follow large rivals such as Chase Manhattan

One of the sources says the bank may build its own system

>>>Gary Craft...says it's likely that Bank of America will try the bill-consolidator market

>>>...and Bank of America is having a difficult time getting takers, according to the source

>>>...The bank has managed to get its credit-card division to agree to present its bills on the site when it gets off the ground.



To: AE who wrote (7542)9/15/1998 12:36:00 PM
From: Big Al  Read Replies (1) | Respond to of 8545
 
>>>BOA and Nations merger. I'snt NAtions a big CF customer.<<<
A.E.,

Currently this is a big question that is not known at this time by anyone but BOA and Nations. BOA's Electronic BAnking division is fighting for their life and would like Nations to end the CF relationship. Yet, Nations is a big CF customer and has had a good long term relationship with CF. It just depends if Nations wants to be in this business when they are doing just fine with CF.

One would think that Nations would want to follow Citi's lead on exiting this business, but your looking at lost jobs. Maybe Nations can do a deal CF concerning divesting of BOA's E-banking business. Bottom line, the Nations contract is up in the air at this time. I got this from a most reliable source. Losing this contract is a potential hazard for CF.

A.H.