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

To: Brooks Jackson who wrote (4049)	3/28/1999 7:54:00 PM
From: Sam Biller	Respond to of 20297

Brooks, I'm glad you were able to get this resolved so quickly. I actually posted to the Newsgroup asking for additional clarification but it seems that is no longer necessary. Sam

To: Brooks Jackson who wrote (4049)	3/29/1999 6:36:00 AM
From: micny	Read Replies (1) \| Respond to of 20297

>>>The Company manages its risks associated with its use of the various payment clearance systems through its risk management systems, internal controls, and system security. I think this should also say that most/many/some payees who want to receive payments "asap" from CKFR agree to return funds when CKFR cannot collect. Assuming the payee is good for the money this takes CKFR off the hook, and allows payments to them to be speeded up and their risk is the same as when a customers ends them a check directly.

To: Brooks Jackson who wrote (4049)	3/29/1999 7:18:00 AM
From: AugustWest	Read Replies (1) \| Respond to of 20297

Brooks, ever hear of these guys #reply-8577572?

To: Brooks Jackson who wrote (4049)	3/29/1999 9:41:00 AM
From: Gregg Soster	Read Replies (2) \| Respond to of 20297

>> So the advantages of electronic payment involve a trade-off: what they save on postage and printing they risk losing, in part, through bad checks. In order to have an electronic relationship with CKFR, a biller needs to sign the reversability contract. This allows the biller to accept a debit from CKFR if the customers short of the funds to pay the biller. This is only the case when the bank uses a "risk-based model" for payment. Many banks are moving from this model to "good-funds" which means the bank debits the customer's account prior to sending the payment instruction to CKFR. CKFR then debits a single account at the bank in order to fund all those transactions, ie "good-funds". If the customer didn't have the money when they performed the bill payment then CKFR is never instructed to pay the bill.

To: Brooks Jackson who wrote (4049)	3/29/1999 1:49:00 PM
From: TLindt	Read Replies (2) \| Respond to of 20297

>>>Sam: Now we know who the REAL pea-brained nitwit is. My only excuse is that I grew up in a state bordering on Michigan. Man, You were Lucky to have escaped Alive! We've got Coyottes, and Turkeys around here now....they run in packs you know, and the deer are heading out of their winter yarding areas and beginning to show up in our woods. I'm almost afraid to go outside any more....heck I even saw a squadron of hawks last night around dusk....bout a dozen which looked like they were up to no good....soaring and gliding about...sizing me up for a meal I figure.