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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: jjs_ynot who wrote (128)	11/15/1998 12:16:00 AM
From: g_m10	Respond to of 20297

Amazing that they can publish this as an unbiased research report. To be fair, there are some pearls in the article. Citibank's recent equity investment in TransPoint could actually hurt the company's image in the eyes of financial institutions. Don't be surprised if competing banks are leery of partnering with TransPoint; even though TransPoint wants to compete with CheckFree, some banks may resist partnering with a company in which rival Citibank has an equity stake.... To CheckFree's credit, the company has positioned itself as a value-added service for financial institutions, and not as a competitor to them-a perception that will position the consolidator for growth.... The current trend for the various players in the EBPP market is to hedge all bets and keep options open in anticipation of market maturity. For example, Citibank just invested in TransPoint, but the institution was already an investor in Financial Network LLC-a consortium that includes IBM and other large financial firms and is working with TransPoint rival CheckFree....