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

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To: Karl Kandell who wrote (8)7/22/1996 7:44:00 PM
From: don kramer   of 25
 
permit me to comment. Management did mess up Intuit. Price drop
borders on catastrophic change and points to the future.
Top management is not paying attention to producing revenue streams,
rather, it goes around buying a company?? Do I understand correctly?, in Japan, and Germany, ??
setting up, glorified WEB sites to post insurance rates??!!
Poor use of advertising $, squandering presious R&D $. etc...
I am ashamed I ever purchased any of Intuit stock, I am underwater,
and I fully expect this company to go under, Mgt. stinks, IMHO.
Cook perhaps spends too much time with his polo pony, than with the
company.
There are no important income streams coming on-line.
I also notice a continuing demand for programmers. Do not they stay
too long. How is customer service, any better???
On-line banking, a fancy illusion.
Every time Cook speaks the stock goes down.
And...what about that insider trading issue of the first of the year,
Are there other surprises lurking.

A angry shareholder, with not enough votes to force change. dpk
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