Intuit -- What's Its Future? Message Board

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Technology Stocks : Intuit -- What's Its Future?

INTU 650.22

-1.4%

Nov 13 3:59 PM EST

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To: TLindt who wrote (739)	12/2/1997 12:34:00 PM
From: Edward F. Horst Jr.	Read Replies (2) of 1546

I've made profits several times over past 5 years with Intuit. What I noticed is price typically rises on "expectations" on innovative innitiatives, then dropping upon disappointing results. I've been watching closely recently and see Quicken release getting less than rave reviews with little compelling reasons to upgrade, plus Quickbooks next release delayed into 1998. Neither will help revenues in what is always their biggest qtr. Now, the price is rising on new initiatives with great expectations and quality partners. E-commerce producing significant revenues is several years away, per the experts. The security issues on net need further improvements before the masses will accept. My quandary is whether this time around is for real and this is the time, or are we going to get lured into the cycle which results in delayed or disappointing results. Comments?

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