Novell (NOVL) dirt cheap, good buy? Message Board

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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Paul Fiondella who wrote (29896)	1/12/2000 6:51:00 PM
From: Scott C. Lemon	Read Replies (2) of 42771

Hello Paul, > Can anyone tell me what these guys are up to? > > greenshoe.com Hmmm ... this looks really interesting ... a company with a focus on somehow providing you a capability to pay for items online using your checking account. I'm almost thinking that this might be related to one of these services where you can "permit" someone to direct withdraw from your checking account. If that is the case, then they would just set up an "on-line debit card" system? > In particular they claim they will let you use your checking > account to pay for ordering goods and services of any kind online. I wonder if it's as simple as a debit card type of arrangement? > I'm wondering what underlying technology this is based on? Will > banks accept an electronic funds transfer that is not credit card > based but is solely initiated by a customer using his/her checking > account from another bank? The big issue that I would look at is "How many sites have to be modified to accept this?" ... if it's none, then it's got to be something like a debit card ... Just some initial thoughts ... (Cool idea to pursue the college students ... this is an area that I tried to promote at Novell ... get'm the Apple way ... ;-) Scott C. Lemon

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