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

To: Harp who wrote (5440)	5/12/1999 1:03:00 PM
From: g_m10	Respond to of 20297

Actually I liked one of them very much. It is about City's failure in ebanking. The article doesn't mention CKFR, but it compares City and Wells Fargo. Citibank stands as an example of how even the best-laid plans sometimes yield mainly frustration in the hurly-burly of the Internet Economy. Of the bank's 100 million customers worldwide, only 0.3 percent — about 300,000 — use the Web for any of their transactions. That figure leaves it far behind category leader Wells Fargo (WFC), which has a total of just 15 million customers but has persuaded 860,000 of them to do at least some of their banking over the Web. San Francisco-based Wells is signing up 60,000 to 70,000 new online customers every month, and expects to reach 1 million sometime in June. thestandard.com IMHO, if plans were "the best-laid", they wouldn't have "yield mainly frustration". The whole article is worth reading.