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


To: robert scheb who wrote (2765)2/20/1999 6:58:00 PM
From: AugustWest  Read Replies (1) | Respond to of 20297
 
here you go, try this for a translation.

Electronic payment: Others: CheckFree

Beginning

CheckFree Corporation is founded in 1981 by Pete Kight whereas it created an automated system of monthly payments and transfers of funds.

In 1988, the service took expansion and extended to include the services of payment of the private individuals.

The software of payment of CheckFree is now included in software sets of foreground in the financial circles such as: Managing Your Money, Simply Money and Quicken.

The mission of CheckFree is to be a provider of services concerning all types of electronic transactions for the consumers and the companies.

CheckFree is mainly a company which deals with regulating the regular payments (for example monthly payments for the car...). In fact, it is simply a manager of finances of his customers who carries out the process of payments of the invoices of his customers (note 1). Moreover, the customer must continuously give the directives for the payments. CheckFree thus does not propose a method of payment electronic in the sense that hears it this work.

Principle

To profit from the services of CheckFree, the user must quite simply provide a paper cheque with the mention - NO ONE as well as the name of his financial institution. Thereafter, it has only to fill the form with inscription (on the site of CheckFree) and to download the software. It must then send by the post office or telecopier the form filled. The customer will receive, two weeks later, all the unit allowing to make the bill book of his payments (software and handbooks included).

To carry out a which had payment, it is enough to telephone CheckFree and to say to them, starting from a predetermined list, the person (or trades) having to be paid. The system of CheckFree uses the recognition of the voice.

The first month of use is free. Thereafter, it is necessary to spend 5.95$US per month for the first 15 transactions. Each group of 10 additional transactions costs 2.95$US.

For the not-regular payments, it is necessary to warn CheckFree of it at least four working days in advance since some of the creditors are not able to receive electronic payments. It is necessary whereas CheckFree prints a cheque with the laser and sends it by the mail service.

Indeed, CheckFree proceeds of three way to pay the accounts:

1.Electronics: CheckFree sends an electronic credit to the carrier and outputs your account cheque electronically.

2.Electronics with CheckFree: CheckFree sends a cheque of the account of CheckFree to the carrier and outputs your account cheque electronically.

3.Laser: CheckFree prints and sends a similar paper cheque as if you did it yourself.

°All these payments of course will appear with your statement of account of your bank.

The best way of explaining their method is to see the image that they use themselves:

SORRY, NO IMAGES, use your imagination

This graph illustrates how the money circulates between the payer and paid, in real time.

The whole is summarized in three points:

1.The customer receives an account (electricity, of credit card...) at the house by the post office and sends information concerning the payment to CheckFree.

2.CheckFree carries out the payment.

3.The customer monthly receives from CheckFree a statement indicating the paid accounts.

Note 1: It is indeed what confirmed the representatives of CheckFree when contacted by electronic mail: " SFNB offers bill payment service to to their customers. CheckFree does the payment processing for this service.


Partners:
Security First Network Bank (FSB)
Companies using CheckFree: buyway.com /.

Wireless Communications Partners:
Cellular One®
Message Center Beeper


References

Site in English: checkfree.com.

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No, I don't know French. I cheat.

babelfish.altavista.digital.com








To: robert scheb who wrote (2765)2/21/1999 9:22:00 AM
From: Sam Biller  Respond to of 20297
 
I did find this additional detail on the JC Bradford & Co Buy recomendation:

J.C. Bradford & Co. issued Company Report

On February 3, 1999 J.C. Bradford & Co. analyst Robert Bolen issued a 8 page Company Report on CHECKFREE HLDGS. Report highlights: " A STRONG BUY rating was reiterated with a 12-month price target of $55 per share. The company reported break-even fiscal second quarter earnings versus ($0.02) in the year-ago period. The company is expected to generate earnings growth of 50% over the next three years. "

Robert Bolen has not made enough stock forecasts to be meaningfully ranked relative to 13 other analysts following Checkfree Hldgs.

Robert Bolen has not made enough EPS forecasts to be meaningfully ranked relative to 13 other analysts following the same company.