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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Trippi who wrote (1997)	2/4/1999 10:18:00 AM
From: whitephosphorus	Read Replies (1) \| Respond to of 52051

Check out ECHO- e-commerce play with earnings www.echo-inc.com here's some... (oh, and the annual meeting is later today) ECHO's Internet settlement services include direct acceptance of transactions over the Internet from a customer, a merchant or an Internet Service Provider (ISP) who serves many merchants. ECHO was one of the first and still one of the few processors who can directly and confidently accept Internet-based credit card transactions and electronically settle all funds distribution for both the customer and merchant without any active involvement by the merchant. ECHO's Internet suite of products includes fulfillment monitoring and the ECHOlink service which allows a merchant to access and respond to all transaction activity, including chargeback and retrieval requests, using the Internet. ECHO is also a system design specialist and develops software and proprietary hardware for major accounts who wish to automate their transaction processing activities. In addition to its own transaction processing systems, ECHO has designed transaction processing systems for American Express (money order issuance and tracking applications), U-Haul International (inventory and dealer payment tracking applications) and the United States Postal Service (money order issuance and daily accounting tracking systems). ''Our growth in earnings can be directly attributed to ECHO's proven ability to design, integrate, manage and sell services based on point-of-sale, Internet, and host-based financial transaction processing systems,'' stated Joel Barry, CEO of ECHO, ''and we believe ECHO's growing technical capabilities in these areas gives ECHO a distinctive advantage over other less technical processors.'' Electronic Clearing House provides credit card processing, check guarantee, inventory tracking services and various Internet services to more than 17,000 retail merchants and U-Haul dealers across the nation. Through its subsidiary, Computer Based Controls, ECHO designs, develops and manufactures software and point-of-sale hardware that is utilized as credit card processing terminals, automated money order dispensers, utility bill payment systems, and inventory tracking devices.