INTUIT! Any Info or Thoughts.... Message Board

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Technology Stocks : INTUIT! Any Info or Thoughts....

INTU 646.85

-0.9%

Jan 9 9:30 AM EST

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To: jmk who wrote (17)	3/4/1996 7:51:00 PM
From: Heinz Pohl	of 79

Jon The stock is being dumped from the momentum players portfolio. Even though it has all the positives of product lines it is like the internet. Lots of hype and very little subsatance on the earnings front. The revenue base has been growing at leaps and bounds buy the earnings to shareholders have not. The company seems to lose more than it makes, due to poor cash managment. If they paid a dividend the would become a reasonable investment. As for their cash payment system the bank ATM network will eat them alive in the next 2 years. The new visa/mastercard standard payments accords will be implimented in the next 9 months, leaving INTU holders holding the bag. This announcement is akin to the ATT anouncement on cheap internet service. The technical condition of the stock is such that it is too early to contemplate adding to a position. The time to buy will be when the close of the stock does a W bottom with on a Breakout of its 51 day moving average. Do not average down as this is too costly an exercise.

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