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

To: D Mueller who wrote (8032)	10/13/1998 9:27:00 AM
From: Frank Haims	Respond to of 8545

Hi. I came upon this thread from Pat's excellent summary on CheckFree on the SI home page. I have been following it an everything sounds upbeat. I however, have yet to find out what their business model is. Is there a pointer to any record that shows how they profit by transaction, or by user? Could anyone provide a thumbnail sketch as to how they earn their money? I poured through a host of postings but did not stumble on it. TIA Frank

To: D Mueller who wrote (8032)	10/15/1998 7:13:00 PM
From: TLindt	Read Replies (3) \| Respond to of 8545

I think we are starting to see the impact of the shakeup in Marketing Communications. This is one of the few articles that I can recall where Checkfree was front and center and not just an aside when TP was mentioned. This is a dated response...to your comment....IF I can, and I CAN I'll rephrase. I think we are starting to see the impact of the shakeup among the banking industry, with CitiGroup joining the Toilet Paper alliance, in a banking journal publication. This is the first article the I can recall where CheckFree was front and center and not just an aside when TP was mentioned. I'm considering the source of the publication, American Banker, the comments Pete has made jokingly about paying the merger fees to see this Alliance of MicroSoft, First Data & CitiGroup take form. So I guess I'm hopeful that this is perceived as an Un-Holy alliance by CheckFrees larger Banking Clients.....aka...don't hand over to your competitor your best customers. I've been in business for 22 years, and my family 57....I make it a habit to recommend my competitors over myself for those 2% who never pay me on time, or are for one reason or another problematic to deal with. I've found that ass-kissing that 2% costs me 80% of my time. That's a job for my competitor. If the banks are smart and that's a stretch....they'd sell the TP service to those clients who are problematic for one reason or another, and pass them to TP. After all it is Dog eat Dog, or Bog them down by giving them your Dogs....FREELY AND WITHOUT RESERVATION.