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

To: zuma_rk who wrote (564)	12/9/1998 11:21:00 AM
From: Benny Baga	Read Replies (1) \| Respond to of 20297

ABN AMRO bank reiterated their CKFR buy this morning at a $30 price target. Very good news in the body of the text. Highlights: -Number of billers signed is up to 37 (note that at the shareholders meeting the figure was 25). -ABN notes that these 37 billers account for more than 450 million bills per month in the US, and at 30 cents per bill, this translates into a potential $1.5 billion revenue stream per annum (note, though, that it's not realistic to assume ALL customers (or even a majority) elect for electronic presentment, or that the 30 cent figure won't come down, but the potenial is pretty staggering). --ABN also notes that NONE of the above potential regarding e-billers has been factored into their $30 target. --They also mentioned that Genesis is still on target, with full migration to be completed within 18 months. Benny(Thanks zuma)