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Strategies & Market Trends : Z Best Place to Talk Stocks
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To: Kelvin Taylor who wrote (39621)5/16/2002 8:10:49 AM
From: Kelvin Taylor  Read Replies (2) of 53068
 
INTU reported a third-quarter pro forma profit of 75 cents a share, ahead of the 72-cent gain analysts had expected. Revenue was $545.2 million, slightly above estimates. The personal finance software maker credited strength in its small business and tax preparation operations for a healthy third-quarter showing.

Looking ahead, Intuit raised its outlook for fiscal years 2002 and 2003 but was unable to incite any buying as shares faded into the red. INTU fell to $43.01 from a close of $43.49
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