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


To: TLindt who wrote (3397)3/5/1999 1:12:00 AM
From: AugustWest  Read Replies (1) | Respond to of 20297
 
>>now this internet is a challenge. ie...it's hard to memorize, there's a lot out there, ya know?

For me, I have to read things over a couple times before getting to understand it. Other stuff, maybe I spend too much time on.

from the rebutal:

Finally, CheckFree would like to note that Intuit has authorized us to communicate that Intuit agrees with the issuance of this statement, and agrees with the facts presented.

So do you read that Intuit accepts the fact that CheckFree, come hell or high water is gonna do 1 through 3.

(1) The contract with a high-traffic Internet aggregation site that
CheckFree announced in its January 26, 1999 press release is not
affected by this action, and is not at risk. Intuit is supportive of
this relationship, and will support the public announcement of it as
soon as our partner is ready to do so.
(2) Regardless of the outcome of this action, CheckFree will be
supporting bill presentment and payment through Internet portals, and
will be fairly compensated for its efforts.
(3) There is nothing in Intuit's complaint against CheckFree that seeks
to restrict CheckFree from continuing its success in signing
electronic billing and payment contracts with billers.



To: TLindt who wrote (3397)3/5/1999 6:59:00 AM
From: Benny Baga  Read Replies (2) | Respond to of 20297
 
Now that we have beaten this subject to death, I just have one last thought...

Per the CheckFree release, Intuit doesn't mind CheckFree working directly with Yahoo. But Intuit does mind CheckFree working directly with AOL. Why?...is the question.

...Probably has something to do with the 30 million Intuit paid to AOL in Feb. 1998.

Benny(IMHO)