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To: steve harmon - analyst who wrote (296)2/20/1999 5:21:00 PM
From: Benny Baga  Respond to of 4337
 
>>>bottomline tech should change its name to epay

I believe "epay" is a registered trademark of VISA.

>>>i believe epay could challenge checkfree some day if it gets aggressive enough.

Bottomline and CheckFree are in different sectors of e-commerce. Bottomline is a Business to Business service/software provider. CheckFree is is a Payment Processor (Business to Consumer). Bottomline should be compared to HRBC and OMKT, not CheckFree.

In addition, Bottomline has no shot at CheckFree's business. CKFR has monopoly power, competitors that have tried and failed to compete with CheckFree include Intuit and Visa.

Benny(IMHO)