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

To: TLindt who wrote (746)	12/2/1997 8:01:00 PM
From: Edward F. Horst Jr.	Read Replies (1) \| Respond to of 1546

Your feedback was very helpful. Thanx. I was leaning towards your initial advice, and a Computerworld article I just read seems to point to mid-98 for serious revenues and profits. In this market volatility, I'll try to catch it in the mid-20's in the next 90 days if possible, then buy to add on price rise. Scott Cook seems to be pretty convincing that he feels Intuits value and potential can be maximized only by remaining independent. I believe him. Good luck......

To: TLindt who wrote (746)	12/5/1997 11:12:00 PM
From: Alan Gallaspy	Read Replies (2) \| Respond to of 1546

TLindt's opinion on Intuit's problem IMO Intuits' biggest problem is going to keep from being bought up? IMHO Intuit's biggest problem is executing a move to an "the Internet is everywhere and everything financial" strategy from their stagnant position in peddling $30 financial software. Management does not have the best track record in executing on their business plan, so how well they will do on devising and executing on a new business plan is anyone's guess. If you want to participate in hyped up Internet stocks, INTU is probably as good as any other hyped up Internet stock. You might want to take a close look at CheckFree or Excite seperatly instead of buying Intuit and their Internet stock portfolio. Most of us that read and post here are fairly Internet savvy, but take a look at your neighbors, in-laws, co-workers, etc. If you think that they are willing to hop on the Internet bandwagon, then maybe all the people investing in Internet stocks are investing themselves into an early retirement. If you look around and see a lot of people to whom the Internet is just something they hear about and will likely never use themselves, then you just may be investing a year or ten to early and may suffer a lot of pain when (if) the bubble burst. I feel that both sides of the risk/reward ratio are very high, but in my mind, the risk of Intuit flopping (yet one more time, maybe the last time) is just too high in light of what you can do with your money in other stocks.