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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: Samuel Kho who wrote (4)7/21/1996 11:14:00 PM
From: Karl Kandell   of 25
 
I have used Quicken 10 times more than any other software in the last decade and absolutely love it. I couldn't manage my finances without it. I design software for banks and if I had a dollar for every time one of my clients said "can you make that function work just like Quicken" I could buy a few shares of INTU.

With such a large base of quicken users, they are perfectly positioned to capitalize on on-line/home banking. What other choices do the banks have but to use Intuit? MS Money, proprietary, ? It would be difficult for Intuit to mess up this opportunity or am I missing something? Is the recent drop in the stock price just market related?
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