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


To: TLindt who wrote (765)12/6/1997 10:21:00 AM
From: chirodoc  Respond to of 1546
 
<<<<< However, instead of going it alone......they were going to team up with the best of the best to put together a first class site everyone can enjoy.....didn't say it would work....but saw it comming.

.........lots of articles about the revenue models for intu, xcit, aol, yhoo and others seemed to be based on the TV model where the big bucks come from adverising and taking a few centson millions of transactions each day when you are a middleman.

.......aol realized this a while ago and look at their stock price!

......i think that intu, exicte, and checkfree also realize this.

......the fact that wall street is bullish on the internet financials means that this sector has staying power. hell, most of these compnanies aren't even making money.

......wait till they do what yahoo or AOL did--earnings surpirse to the upside--these internet stocks will be off like a rocket.

......my only uncertainty is whether to buy more ckfr or add to intu, getting the ckfr and xcit as a bonus. i will probably buy more of both in time.

....btw check out earthlink (ELNK)--good write up in business week yesterday.

.....have a great weekend.



To: TLindt who wrote (765)12/6/1997 5:34:00 PM
From: Ceebs Hartmann  Read Replies (2) | Respond to of 1546
 
I think we will see a further pop up in the stock but Intuit never seems able to break out of current trading range regardless of the news. I will look to short some on Tuesday or Wednesday.

Intuit has a back track record...they have failed to capitalize on potential after trying so many different times.

Think it will be back to low thirties in less than ten days

I think there certainly are better buys...One of my favorites picks right now is Netscape.