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

To: Wesley0428 who wrote (3064)	3/3/1999 9:26:00 AM
From: Tom Klempay	Read Replies (2) \| Respond to of 20297

Story hits the wire and the pre-market ask price dropped to 37 3/4. Kind of strange suit considering that Intuit owns almost 20% of CheckFree. -tk

To: Wesley0428 who wrote (3064)	3/3/1999 9:28:00 AM
From: Benny Baga	Read Replies (1) \| Respond to of 20297

>>>>The complaint states that Checkfree is not complying with the terms of its April, 1998 bill presentment agreement with Intuit. In the 1998 contract, Checkfree agrees to support Intuit web-based bill presentment products with its processing services, and not to offer web-based bill presentment products of its own in certain distribution channels. Here's the press on that... investquest.com ..I know it was an 18 month agreement that is now 12 months old. 6 months from now this will be a dead issue. Obviously Intuit does not like CheckFree working directly with Yahoo, I thought this might happen. Intuit is playing with fire IMO. Looking for more info. Personally, never been a big fan of Intuit...Quicken.com billpay should have been up and running a long time ago! Benny(IMHO)

To: Wesley0428 who wrote (3064)	3/3/1999 10:06:00 AM
From: TLindt	Read Replies (2) \| Respond to of 20297

The complaint states that Checkfree is not complying with the terms of its April, 1998 bill presentment agreement with Intuit. In the 1998 contract, Checkfree agrees to support Intuit web-based bill presentment products with its processing services, and not to offer web-based bill presentment products of its own in certain distribution channels. Intuit has yet to offer a bill, presented over the internet, have they?

To: Wesley0428 who wrote (3064)	3/3/1999 11:34:00 AM
From: jjs_ynot	Read Replies (2) \| Respond to of 20297

My 2 cents FWIW: Intuit announced today the acquisition of a business-to-business payment processor/software company for $240 million. This suit looks like an attempt for INTU to extricate themselves from the exclusive contract that they have with CKFR, or at least renegotiate the terms to allow their new acquisition to pursue all of INTU's corp objectives. Prediction, this will be settled quietly behind closed doors. SORRY if I am duplicating what others are saying.