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To: Kelvin Taylor who wrote (47900)	4/25/2003 7:04:26 PM
From: Ron McKinnon	Respond to of 53068

>>>what is the market telling us about the future? something? or nothing? have a great weekend

To: Kelvin Taylor who wrote (47900)	4/28/2003 4:53:53 PM
From: Larry S.	Read Replies (1) \| Respond to of 53068

Intuit says TurboTax revenues up 20 pct Monday April 28, 4:39 pm ET PALO ALTO, Calif., April 28 (Reuters) - Intuit Inc. (NasdaqNM:INTU - News) on Monday said sales from its consumer tax group -- which includes its key TurboTax software and online services -- was up more than 20 percent fiscal year-to-date and that it sees current-quarter revenues at the lower end of forecasts. Intuit said retail and channel sales of TurboTax were up 12 percent to 6.1 million units. It also said 2.4 million paid tax returns were filed using TurboTax for the Web, bringing total paid TurboTax units to about 8.5 million, or up 11 percent over last year. An additional 1.2 million free federal tax returns were completed via TurboTax for the Web, compared to 1.1 million last year, the company said in a statement. Intuit also said its fiscal third-quarter earnings, excluding items, would be at the high end of its previously issued target of $1 to $1.03 per share on revenue of $630 million to $660 million. Mountain View, California-based Intuit in March cut its 2003 revenue and earnings growth targets, blaming an economic slowdown for soft sales across its product line. stock rebounding sharply AH, still down on the day. larry