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Technology Stocks : EPAY -- Ignore unavailable to you. Want to Upgrade?


To: Bradley W. Price who wrote (155)2/24/1999 10:02:00 PM
From: sneakypete  Respond to of 717
 
Bottom Line is a great stock and company but Legends Billiards & Tavern right next door is where the big bucks change hands



To: Bradley W. Price who wrote (155)2/25/1999 8:24:00 AM
From: AugustWest  Read Replies (1) | Respond to of 717
 
Hi Bradley, I thought it was important too.

Here's the complete story #reply-7846678. You are right, remittance is the toughest part. Again, ask TransPoint or Bill Gates personally. Saying is one thing. Doing is yet another completely different thing.

After a year and a half of saying their(TP) going to be entering the business of business to consumer bill payment and presentment, their still pushing back all their pilots, and have yet to prove they have anything more than vaporware and intentions as proven by that article about Wells putting the pilot program on hold(see last nights post by me).

>>So this company had to sort out all these payments manually to figure out what they had been paid for and what they hadn't.

>>This is a huge barrier to electronic commerce, and I think we have found a shovel here that is going to help us to mine for gold.

I don't think Bottom Line is sorting manually thought. Is that who you meant?

I agree, that they might likely be a shovel..."going to help us to mine gold".

And this might be some indication as to how big this gold mine might be. From #reply-8020602:

In 1997, U.S. businesses issues paper checks for approximately 73 billion transactions.

Damn, now that's a big mine to be tapping. They are the first doing the biz to biz? They are the only ones concentrating on biz to biz?

This is huge. We should be doing quite well as they roll out new customers. I half expect them to begin making announcements as to new customers as soon as the quiet period is over.

To round things out where my interests lie, this will hopefully be a key holding in my portfolio along with the other e-comm transaction services I mentioned last night.

I don't expect an Internet sort of stock action(straight through the roof), we're not really an Internet stock.

But rather a bit of a choppy looking chart for a while until the rest of the world finds out about electronic transactions. Then, when they figure out the major players in these specific areas, we'll all be happy that we came to the show early.

I could be completely wrong, but for now I think we got a leader in what they do; Just like the business of cych and ckfr. Not to say I am blinding myself, because sure as tomorrow will come, so too can competition come.

And make no mistakes, it will come. First and most likely in some form of MSFT. First making a bunch of noise in an attempt to scare the analysts into thinking that they will just walk in and take the business from Bottom Line at will. Then down the road a bit, they(some competition) will get a working system in place, start pilots to debug it, then eventually roll something out for production and take a smaller piece of the pie. But hpoefully leaving EPAY with the biggest slice. Being early does have its advantages :)