Intuit -- What's Its Future? Message Board

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

INTU 652.83

+0.6%

3:26 PM EST

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To: chirodoc who wrote (854)	12/16/1997 6:49:00 PM
From: Ceebs Hartmann	Read Replies (3) of 1546

I would not get excited at this point. Intuit is trading close to yearly high. I think there is much more downside risk than upside potential. Yesterday it hit 33. I also think the market has trouble ahead brought about by missed earnings. Last week we had Oracle...think trouble lies ahead for other large names... I would be selling on the strength of this Intuit rally. I would imagine you will be able to buy it back at 32 or below sometime in the next few weeks. Ceebs

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