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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 (3500)	3/8/1999 9:36:00 PM
From: Roger Bass	Read Replies (2) \| Respond to of 20297

Benny, your statement that OFX can't handle bill presentment is incorrect. Quicken has supported bill presentment since Quicken 98, 18 months ago (albeit sans billers in any numbers), and this has been based on OFX since the outset. You're more or less right otherwise about IFX though. The Open Internet Billing initiative (OIB) is a separate thing (more PR/strategy than technical spec), driven by Intuit/CheckFree, designed to standardize the interactions between customer aggregators and biller aggregators - in other words: let's all stick it to TP's vertically integrated model. Neither this nor OFX itself undermines CF's value proposition. Incidentally, though new standards certainly do arise very quickly, a standard which is adopted by the financial industry for any kinds of transaction tends to live, in some form for ever, because of the need to support people who don't want to upgrade (all of) their systems to the latest thing - and in this area, there's a huge tendency to say: 'if it ain't broke, don't fix it'. - Roger.