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Technology Stocks : INTUIT! Any Info or Thoughts....
INTU 646.85-0.9%Jan 9 3:59 PM EST

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To: Paul Dillman who wrote (14)3/2/1996 12:51:00 AM
From: Heinz Pohl   of 79
 
This stock will do the perverbial dead cat bounce in the next couple of days. A call for april or may would be profitable for the nimble. After reviewing INTU fundamentals I would not touch this one till it got down to the low $20's. The stock is trading at close to 7 times sales and a totaly rediculous price to cash flow. This company really only has one product line that is dated. This last move was basically a an institutional blow of raaly that got underway when they were in merger talks with MICROSOFT.

This stock has been confused for an investment, (investment grade stocks pay divideds), when it really was a trader. Hopefully those following this story will learn to check fundamentals in the future.
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