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


To: BuckiFan who wrote (411)12/2/1998 7:13:00 PM
From: D Mueller  Respond to of 20297
 
Buckifan:

Welcome aboard! I agree that automatic deductions could be setup with major billers for recurring bills. The problem with the scenario is that the consumer has lost control of his purse. Speaking for myself, I want to determine when I pay and how much. I've been involved with auto debiting before. When my business transferred me the fun began. Trying to do and change all those auto debits was a mess. I swore I would never do it again. Now I only have one auto debit and that's because the bank offered me a 1/4 point reduction in interest if I did it. All my other payments are managed through Quicken and Checkfree.

Again, welcome aboard.

Don



To: BuckiFan who wrote (411)12/2/1998 7:18:00 PM
From: Jody Ritchie  Read Replies (4) | Respond to of 20297
 
BuckiFan,

I do not use automatic deductions because I want to pay the bill, I don't want it deducted automatically.

Lets say my telephone bill has a charge I want to contest on it. If they are deducting from my account (with my pre authorization), they get their money. However, if I'm paying the bill, I tell them I'll pay ____ much and we can talk about the other part.

Automatic deductions take away my control. I will be a user of e-bills when it's available to me.

Just read Don's post. Don, I use Quicken for all my finances. How much does e-bills cost and where in Quicken do I look for more info on it? I assume the billing entity has to have an agreement with CKFR? Forgive me, I own the stock, but I'm still a little cloudy on how it all works. I doubt my bank is using CKFR (small bank), so I would have to start there, but does my cable company need to have an agreement with CKFR as well??

Jody



To: BuckiFan who wrote (411)12/2/1998 7:21:00 PM
From: TLindt  Respond to of 20297
 
Well....this company is into a lot of things...I'm on e-bill thing and watching it come on as a segment.

But I think ACH is the area you are into....Checkfree sells the software for this...and this is from their corporate site.

checkfree.com

Don't they have the patent on this guys...come on help us both out?

I'm sure with that statement, and request for knowledge somebody will come in and clear it up before the market opens tomorrow.




To: BuckiFan who wrote (411)12/2/1998 10:06:00 PM
From: Mr. Mo  Read Replies (1) | Respond to of 20297
 
Welcome to the party, BuckiFan

I am a longtime CKFR user and stockholder. There is one very important thing that you and Judy and any other new investors need to understand.

We're not investing in CKFR because of electronic bill PAYMENT...we're buying because of electronic bill PRESENTMENT.

You're right about automatically debiting accounts and so forth. But that's not where the bulk of CKFR's future earnings will come from. You really need to read through the history of this thread and the "old" thread to fully understand (from lots of folks that know a whole lot more than I do) the huge potential that this company holds in the rapidly up-and-coming new technology of bill presentment, whereby your monthly utility bills and credit card bills and every other bill will be delivered via the internet to your desktop.

CKFR is the industry leader and their position was further solidified by today's announcement by Oracle. We have spent the last 2-3 years here on SI discussing (or, in my case, mostly listening) the huge opportunities of this business. In just the last few weeks and months, we are seeing real signs that bill presentment is on the verge of becoming reality.

You got here just in time, in my opinion.