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


To: TLindt who wrote (793)12/9/1997 12:58:00 AM
From: chirodoc  Read Replies (1) | Respond to of 1546
 
<<<<< my biological broker talked me out of it....so if I lose money from here it's her fault.

.....that depends on what you think will happen with Q1. if they come in below estimates we will have a chnace to buy more at a lower price.

......i think that they are just gearing up their machine and many of the buyers are in for short term. i will wait for the sell-off to get in.

......i think that high 20's may be hard to wait for. but low to mid 30's should be easy to catch. they have a high p/e and high volume based on expectations and not a history of consisten earnings. that means to me that the shorts will converge and give us a chance to get in lower--we will see mid to low 30's.

..the problem is that by the middle of next year, with the explosive ad revenue on the net--they may actually start to see some cash rolling in. when that happens zooooooom.