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

To: g_m10 who wrote (3603)	3/9/1999 11:43:00 PM
From: micny	Read Replies (1) \| Respond to of 20297

The C-net article doesn't exactly clear it up either. Reads like the author isn't really clear on what the suit is intended to stop checkfree from doing/and who they are supposed to stop doing it with. These are from that article.... …..Intuit says gives it the exclusive right to negotiate with Web portals to provide online billing services. seeking at least $1 million in damages and a court order to bar Checkfree from negotiating with "Web aggregators" and destination sites. Checkfree stated that it had the right to market the service independently. Intuit said it learned on February 26 that Checkfree was negotiating with the unnamed portal site an exclusivity clause in the contract …bars Checkfree from offering bill payment processing to merchants However, a Checkfree spokeswoman said, the company has been doing bill presentment on its Web site since March 1997, in addition to handling those services for financial institutions.