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To: Longarm who wrote (55758)2/15/1999 2:04:00 PM
From: Mr. Stress  Read Replies (2) | Respond to of 119973
 
Here's another little blurb on EPAY:
(someone posted on EPAY thread)

BOTTOMLINE: BARRON'S CALLS IT "SOLID"

Scott Reeves in the February 15th issue of Barron's weekly magazine calls Bottomline Technologies [NASDAQ - EPAY], "a real company with solid products
for an already defined and growing market" and adds that "Bottomline already has an impressive list of customers and has established an alliance with Arthur
Andersen that's likely to be bring more clients to its door." Mr. Reeves concludes that Bottomline "looks like a buy and hold." A developer of electronic payment
software, EPAY (not EBAY) started trading at 19 - a 46% premium to the offering price - and closed at $20-15/32/share. The U.S. Federal Reserve uses the
company's technology when sending money electronically to member banks. Customers include: Aetna, Bankers Trust, Dell Computer, Microsoft, Charles Schwab
and Amazon.com, including numerous other major companies, government agencies and universities. For the six months ending December 31, 1998, Bottomline
reported revenues of $18.1 million and net income of $1.5 million compared - a 34% increase in revenues and a 139% increase in net profits for the comparable
period a year ago. Underwriters are led by BancBoston Robertson Stephens. [Related Link]