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Technology Stocks : Intuit -- What's Its Future?
INTU 674.50+2.1%11:04 AM EST

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To: Nicholas J. Begich III who wrote (370)5/19/1997 9:36:00 PM
From: Doug (Htfd,CT)   of 1546
 
Nick, who would value INTU most in an acquisition?

MSFT tried to buy them a few years ago, and were blocked (properly and wisely, in my opinion) by the US Government on antitrust grounds.

Were one bank to buy them, the Quicken brand would be wasted in large part, I think, because the one bank's competitors would go out of their way to use a competitor's product (look at the RBOC's avoidance of AT&T equipment until it spun off Bell Labs, etc as Lucent). That would play into MSFT's hands, and the buyer's investment might be wasted eventually.

So, who could buy INTU, without losing many of its bank clients? A big non-bank financial services company? With international links?

Who do you think? AXP? GE? What are the rumors saying? Anybody?

Doug
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