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Strategies & Market Trends : SEEKING THE NEXT BORLAND

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To: Warren Gates who wrote (3)11/14/1996 8:43:00 PM
From: Marco Polo   of 26
 
Cheers to the money we'll make, Mr. Gates!

*pours some champagne*

A guy in my "Intuit -- Darling No More" thread was bragging that earnings will be $1.20 per share for January quarter.

Even if they came through with that (anyone think they will?), it would justify a stock price of $20 or so! What are these people thinking?

It won't take a stock crash to peg INTU.

Anyone know what the short interest is in INTU? I have a feeling it is quite high, but in this case that doesn't scare me much. People who are confident in their predictions (and this is one to be confident about) don't panic sell or panic buy-back. They simply wait for the price to move in their favor again, which if they are smart, always happens.

~Ben
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