Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Brooks Jackson who wrote (2631)	2/15/1999 7:55:00 AM
From: Harry Franks	Respond to of 20297

Article in this weekend's Barrons about Deluxe (the check printers). It mentions Checkfree in a positive way. The Link: interactive.wsj.com The Title: Deluxe's Divide - Can a check printer bounce happily into the electronic age? A Quote: Weil estimates that it costs a utility or credit-card company $1.01 to process a check in-house, and 43 cents for a third-party processor like Deluxe to do the same. In contrast, an automated clearinghouse debit transaction costs 64 cents to process in-house, he says, and about 17 cents to outsource. But even that business is being threatened, to some extent, by other payment systems, such as online-based CheckFree Holdings, a back-office processor for electronic banking, whose stock soared on rumors, later confirmed, that it would link up with a big Internet portal, presumed to be Yahoo.