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


To: TLindt who wrote (853)12/16/1997 5:17:00 PM
From: chirodoc  Read Replies (2) | Respond to of 1546
 
<<<<<Now would you care to speculate as to why we put a Buck on this thing in the last hours trading with volume?
1. japan is together enough to grow economy in 6-12 mos.
2. korea is doing the right things
3. the world needs to invest in stocks--where? the u.s. of course.
and if you invest in the u.s. what do you buy? tech of course. u.s. is 20% of the world's technology
4. if you invest in technology what sector will provide dramatic long term growth (2-5 years)? the internet
5. if you invest in the net who should you buy? cisco, 3com, intel, microsoft, ibm, etc. then come the 2nd tier companies: checkfree, yahoo, firewalls, and for financial--intuit--the name intuit is ubiquitous for financial management. and in a few years they could be one of the industry leaders.

are these enough reasons to not want to miss the year end rally? (barring any disaster from the far east or iraq)

don't worry, it won't be above 40 when you are ready to buy early next year. and, if you can be very patient and want to take a risk--wait for the mother of all 25% corrections next year (it will bring it from 40 down to 30!)