E*Trade (NYSE:ET) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : E*Trade (NYSE:ET)

ET 16.80

0.0%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BWAC who wrote (11863)	2/20/2000 6:24:00 PM
From: Spytrdr	of 13953

redherring.com "Breaking the virtual bank By Vanessa Richardson Redherring.com, February 22, 2000 Only seven percent of U.S Internet users do their banking online, due to concerns about security, restricted ATM access, and a lack of customer service. But Internet banks -- and the venture capital firms that fund them -- are not daunted by the lack of momentum. "As much as $600 billion of the market value represented by today's financial service companies may eventually be moved online," says Bill Ford, a partner at General Atlantic Partners in Greenwich, Connecticut. To claim a share of that market, investors are betting on Internet banks that cater not only to tech-savvy consumers with checking accounts, but also to business-to-business (B2B) customers. " (...) ___ "Now why is it that everybody wants an online bank?"

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next