Intuit -- What's Its Future? Message Board

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

INTU 638.50

-1.9%

Nov 20 3:59 PM EST

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To: chirodoc who wrote (768)	12/7/1997 12:05:00 PM
From: Mike Farrar	Read Replies (2) of 1546

SHORT SQEEZE Intuit renup was a short sqeeze attributed to the Barrons article and the big tech jump Friday. Intuit has a P/E of 117 and a book value of 3.41. If the market tanks out again look for this stock to be in the mid to upper 20's soon. Intuit has a 2.1 million short interest. Next week a lot of these shorts are going to retake postions and I expect it to be in the 30-31 range by the end of the week. I am not a bull or a bear but just a small investor trying to make some money. Jeff

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