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Technology Stocks : MSFDC - Microsoft/First Data Corp Joint Venture -- Ignore unavailable to you. Want to Upgrade?

To: jjs_ynot who wrote (71)	10/23/1998 8:10:00 AM
From: Benny Baga	Respond to of 126

>>>How long before FDC calls it quits? I don't know, on one hand I wonder how long a joint venture like this can just drift around, on the other MS and Citi are very powerful. I think since Citi has joined MSFDC they have been dead in the water. In Novembers issue of Bank Systems + Technology, Warren Dent is interviewed (MS), and he is basically giving a sales pitch to other banks to take an equity position in TP. and IMO is the only way a bank would work with TP, because then they would have some control over their data. The only problem is that I don't see too many banks jumping at the idea of being an equity partner in TP. Benny