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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 (2137)	1/30/1999 8:42:00 PM
From: micny	Read Replies (1) \| Respond to of 20297

Dave, I"m not so sure that will be the case. I applaud Pete & co. for pushing the banks by employing the biggest billboard (the internet) in the world, but remember the parable about the tortise and the hare? In the last thirty years banks have been rumored to be on the brink a number of times and yet they continue to do pretty well. They've fought off disintermediation brought on by S&L's ability to offer transaction accounts, by the advent of the money market account and mutual funds, and by all kinds of product offerings from diversified financial services providers etc, and yet, like the energizer bunny, they keep on coming. We're still in the "market education" phase of this race, and the portal deals will do more to educate the market than Pete could ever think about doing...or the banks would do, but I think that as mass adoption occurrs the banks will be prepared with competitive offerings, and they and CF will benefit from the market education now being undertaken. JMHO

To: jjs_ynot who wrote (2137)	1/30/1999 10:26:00 PM
From: Erik T	Respond to of 20297

A couple of weeks ago in Businessweek there was an article about Sun Micro, and buried within the piece was a mention that TCI (now owned by AT&T, CKFR largest biller) in the next six months is planning to begin distribution of 20 million set-top boxes to allow consumers local phone service, to pay bills electronically, do home banking and access other services (I suspect internet access through ATHM) through their cable system. I think it was Zuma who predicted that Schwab would be CKFR most important consolidator in the future. I am going out on a limb to predict that AT&T/TCI/ATHM will be more important. While anyone who has access to the internet could consolidate their bills at any portal, including their bank, this would open EBPP to a segment of the population that does not have internet access yet. Erik