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Technology Stocks : Intuit -- What's Its Future?
INTU 655.26-0.8%Nov 5 3:59 PM EST

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To: TLindt who wrote (837)12/14/1997 6:46:00 AM
From: John Mansfield  Read Replies (3) of 1546
 
Y2K-INTUIT - Multi-user version targetted at replacing Small business non-compliant accounting software?

Hi TLindt!

I read you posting with great interest! I am currently looking and discussing on SI the possible effect Y2K will have on other software vendors.

<<
MOUNTAIN VIEW, Calif. (Dow Jones)--Intuit Inc. (INTU) next summer will ship a new version of its small business software that should more than double the amount of revenue Intuit gets from each customer, chief executive officer Scott Cook told Dow Jones.

The forthcoming version of Intuit's QuickBooks accounting software will allow more than one personal computer user on a company network to access the program at the same time, Cook said. That is not possible with Intuit's current software, a major deficiency compared with rivals' products, he added.
>>

Could it be that Intuit is targetting this new multi-user version at replacing current Small business non-compliant accounting software?

Any thoughts? Or is this far-fetched and not realistic?

Regards,

John
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