revenues, where?
ok, one more time, with all respects....
there is no significant growth for revenue on the desktop for
Intuit.
The numbers verify that, and the Intuit management points this out
in the mangement reports of the 10-q's and 10-k's, etc....
Intuit is a very mixed up company at the top.
all Intuit is essentially, is a one product software
company. Quicken.
yes, yes, yes, the propaganda would have you believe,
i.e., investors, that Intuit is at the leading edge of financial
services....
NO, No,...
Intuit sells some software... here it is end of January,
TurboTax is being discounted to the consumer to less than $20.00.
Quicken updates, how many times will a Quicken owner, in the future,
spend for another release. Will you be buying Quicken 8, 9, 15 ???
think where are the revenues, from consumers, or from the the banks
back end.
an examination of there recent 4 quarters, and the associated ratios,
i.e. revenues, costs, etc.... it tells the story.
Every thing has already been addressed.
The reported numbers,
the issue of compensation options,
the insider trading,
the questionable practice re: the illegal insider trading
at the beginning of last year.
but, most importantly,
what the market price is saying.
See prior messages of Oct-Dec 1996. Those threads demonstrate,
fact over wishful thinking.
dk |
