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


To: LLLefty who wrote (777)12/9/1997 2:58:00 AM
From: kfs  Read Replies (3) | Respond to of 1546
 
Historical revisionism!

It ran to 60 on Microsoft deal which was called off in the summer (May 95, actually), then continued to 89 in the fall as Internetmania swept the market. I sold some (but not nearly enough) at 70 in Nov 95.

I know you've read over and over that INTU hit its high due to MSFT buyout efforts, but that simply isn't true. The timeline of MSFT giving up (again, May) vs chart high in Nov/Dec bears this out. I wouldn't bull you.