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Technology Stocks : Intuit and the IBM/Banking Consortium
INTU 669.88-0.6%Dec 30 3:59 PM EST

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To: Karl Kandell who wrote (24)1/29/1997 1:37:00 AM
From: don kramer   of 25
 
Dead dog, Intuit

Hi, Karl, listen, have you been reading my previous
stuff??

You might get a kick out of my previous predictions and
analysis. Also, a couple of others here, who shorted the
stock.

The lesson, is not that I am a great short seller, rather, it
is the behavior of the longs, who kept thinking (wishing) that
some white knight was coming along to buy, this stock.

Btw, I believe, that Cook also is (?was) owner of some racing horse,
or such.

The short selling by insiders, was the real clue to this story.

dk

P.S., I have changed my mind, about the importance of home banking
and electronic banking as a great generator of revenue. Not for
banks, not for software check book program interfaces, i.e. Intuit,
or Money by Microsoft. I do not see that as an exciting business.

dk
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