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Technology Stocks : Intuit -- What's Its Future?
INTU 673.86+1.6%Dec 5 3:59 PM EST

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To: LLLefty who wrote (1034)2/16/1998 1:33:00 AM
From: kfs   of 1546
 
Staying away from the message boards for two weeks while this stock goes through the roof makes for a fun time when I get around to visiting again: I get to see what all the INTU regulars did when the ship came in...and then kept coming in..and in! (Hmmm, wrong analogy. Tom's rocket would have been better there.)

I sold some at 43.75, and I'll probably sell another slug above 51 this week. This P/E is just too much, even for an Internet stock. But I'll always keep some in reserve for if we ever see 80 again.

Strange ride. As has been observed, this is really too early to be in anticipation of an earnings surprise on the 24th. And last quarter was the first time the Street reacting positively to earnings in mucho quarters.
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