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

To: Benny Baga who wrote (7651)	9/21/1998 8:11:00 AM
From: AugustWest	Read Replies (1) \| Respond to of 8545

So....... "The fact that Citibank is going to be the bill-payments engine suggests that First Data does not really add value from the bill payment perspective, " he said. First Data, which lowered its earnings projections last week (see page 13), closed at $24.75 on Friday, up $1 from the previous Friday. Hank DeNero, executive vice president of First Data Corp., said speculation about what the company's role will be was baseless. First Data and Citibank are to split back-end processing duties, depending on whether a bill is presented electronically, he said Now it takes the three of them to equal ONE CheckFree?, I'd say we're sitting in a rocket ship, waiting for take off.

To: Benny Baga who wrote (7651)	9/21/1998 5:53:00 PM
From: TLindt	Read Replies (1) \| Respond to of 8545

Brian Maimone, analyst at ING Barings Furman Selz, maintained his "buy " on Checkfree, saying it has a two-year technological lead over TransPoint. Also in Checkfree's favor, he said, is that banks would strongly object to signing on with TransPoint with Citicorp's flagship bank in the mix. "Do banks perceive Citibank as a friend or a foe?" Mr. Maimone asked. BankBoston is currently the only bank using Citi's bill payment system. Two-year technological lead is a lot considering the rapid pace of technology advancements.