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


To: Benny Baga who wrote (3125)3/3/1999 12:20:00 PM
From: TLindt  Respond to of 20297
 
I wouldn't go that far to say that until I read the agreement....it could be one way....sure sounds like it.



To: Benny Baga who wrote (3125)3/3/1999 12:22:00 PM
From: Brooks Jackson  Read Replies (1) | Respond to of 20297
 
This from CKFR:

Brooks:

At this time, CheckFree has not been served any official papers regarding the Intuit complaint, and therefore, will not comment on any related speculation until the appropriate time.

- Stephanie Norton


When a company gets its press release out before the papers are served, I personally discount their credibility 50%.




To: Benny Baga who wrote (3125)3/3/1999 12:25:00 PM
From: micny  Read Replies (1) | Respond to of 20297
 
I don't think so Benny. It seems pretty clear now why the wording of the release said CKFR was the "exclusive major integrated bill presentment and payment provider to Intuit." Seems the "exclusive major integrated" qualifier was intended to allow them to deal with the PT's of the world if they chose to.

And as for the patent suit, it was dropped if you remember. Now maybe it was dropped to allow them to pursue the acquisition of ISC, or maybe it was dropped because they really weren't in violation of the patent.