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


To: Ceebs Hartmann who wrote (767)12/7/1997 10:15:00 AM
From: chirodoc  Read Replies (1) | Respond to of 1546
 
<<<<<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.

..........that to me is bullish for intu. don't forget that intu is new company. it is in fact a software company becoming an internet financial company--a very smart but costly and difficult move. as more finanacial transactions will be on the netin the near future, intu would have died an apple like death had they stayed as a software company.

.........as for netscape--the justice department, imho will slow but not stop msft's destruction of netscapes browser. browsers and search engines do not have a high barrier to entry and msft sure understands how to wrap the brower in win98--this will take netscape down even further.

........in short--your opinions make me more bullish on inu--especially since they are so heavily tied to xcit and ckfr--two of the leading internet financial companies. but i do agree with you--intu is a buy in the high 20's and low 30's only--this is a turnarounc play and will take 1-2 years to see significant price appreciation--buy on dips only.

........good luck



To: Ceebs Hartmann who wrote (767)12/7/1997 1:15:00 PM
From: TLindt  Read Replies (1) | Respond to of 1546
 
It's doing the Yo-Yo.......and I hope your correct.....I'd like to double up in the upper 20's....and peal it off in the mid thirties. It no doubt has offered plenty of opportunity looking in the rear view mirror.

The range seems to be pretty solid between 29-34.......what do you think?

It really seams to draw a trading crowd on both ends of that range IMO.