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Non-Tech : E*Trade (NYSE:ET)
ET 16.45-2.5%Nov 7 9:30 AM EST
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To: Spytrdr who wrote (9819)12/9/1999 10:47:00 PM
From: Spytrdr  Read Replies (1) of 13953
 
"Non-traditional entrants to online banking in the United States present a business model that lowers costs. Retail banks spend huge sums to maintain their branch networks that Internet bank don't need. The e-bankers say this allows them to offer better interest rates on deposits and lower charges on payments and settlements."

cbs.marketwatch.com
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