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Technology Stocks : Intuit -- What's Its Future? -- Ignore unavailable to you. Want to Upgrade?

To: Edward F. Horst Jr. who wrote (745)	12/2/1997 1:22:00 PM
From: TLindt	Read Replies (3) \| Respond to of 1546

First off I you didn't have a position prior to today...don't buy today..IMO. Intuit is reacting to Hype. As far as Quicken goes I believe it doesn't amount to more than 20% of revenues...I'll correct myself if I'm wrong...as far as reviews goes I've seen more positive than negative...with still in excess of 80% market share. Quickbooks is delayed....yes...but they moved up TurboTax up to get that product on the shelf first...Sweeping Tax Law Changes...first on the shelf...might come up with some stellar numbers s/t. Quickbooks has no competition....and they are bringing out a multi-user version which is going to expand the base...think of it...construction company ....bookkeeper....estimator....payroll clerk all have to wait their turn to use the program....so as companies grow they need upward software migration....hence I think they are going to expand into an entirely new market segment....business with more than one computer. I also think they'll charge more for the Network Version...higher margins. Certianly think about shorting any software companies now providing multi-user turn-key general business packages. Intuit will most likely dominate that segment too....IMO. E-Commerce producing significant revenues is several years away. Actually it's just a little closer than you think...Intuits' Investment in Checkfree is a good barometer...What do they have doc, 210 days till profit? I think doc posted it up this morning on the Checkfree thread that E-Commerce is expected to expand 20 fold in the next few years.....well didn't Intuit just report that 5% of their growth last month came from the internet? 20 times 5% is a 100% here in Michigan. Granted that's not E-Commerce...but that's what this company plans on doing....and none of it matters unless it catches eyeballs. CNN catches eyeballs globally....and Intuit has a Global Software Business....good pact. IMO Intuits' biggest problem is going to keep from being bought up? I'm a biased Bull in a position I wouldn't sell until after the 1st of the year anyway.....but most likely I'll be adding some more and picking up some for the Kids. Doc per the E-Mail investorinsight.com I use the internet version...and it's worth the $9.95

To: Edward F. Horst Jr. who wrote (745)	12/8/1997 12:04:00 AM
From: kfs	Read Replies (2) \| Respond to of 1546

This is the first quarter I can remember when the stock price went up upon earnings announcement, rather than down. That's only a day or two event, but still, after 4 or 5 quarters of meeting or beating (by 2 cents) estimates, Wall Street may be finally ready to "trust" INTU again. I don't know if that speaks to your question, but the cycle I'm wondering about is: can Intuit once again become an Internet momentum stock as it was in late 95 when the promise of bill payment clearing house ran Intuit up to the high 80's on pure speculation. Is the street ready to start speculating on INTU again?