Intuit -- What's Its Future? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

INTU 650.22

-1.4%

Nov 13 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Edward F. Horst Jr. who wrote (745)	12/8/1997 12:04:00 AM
From: kfs	Read Replies (2) of 1546

This is the first quarter I can remember when the stock price went up upon earnings announcement, rather than down. That's only a day or two event, but still, after 4 or 5 quarters of meeting or beating (by 2 cents) estimates, Wall Street may be finally ready to "trust" INTU again. I don't know if that speaks to your question, but the cycle I'm wondering about is: can Intuit once again become an Internet momentum stock as it was in late 95 when the promise of bill payment clearing house ran Intuit up to the high 80's on pure speculation. Is the street ready to start speculating on INTU again?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next