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


To: chirodoc who wrote (894)12/23/1997 10:35:00 AM
From: TLindt  Read Replies (1) | Respond to of 1546
 
And it's really funny......'established players taking over the game'

Steve mentions IBM, INTU....specificly....now who is doing their backend? And has a stated corporate goal to 'own the backend'?

Give you one guess doc.....and the name starts with Checkfr..!



To: chirodoc who wrote (894)12/23/1997 11:59:00 AM
From: TLindt  Read Replies (1) | Respond to of 1546
 
Scratch that idea doc....trading....that gal of mine won't let me out of this for even a day or week trade.

She's of the opinion that 35 is the bottom and 40's the resistence, and 80's the target long term. She said Intuit is 56% owned by institutions, and she expects a momentum play comming in at the 40 level....in other words she feels that a number of big guns are sitting in the weeds waited for this to break the 40 level. If and when it does....you are not going to catch this thing anywheres near these levels. And the risk of that happening at 39 is to great to get fancy......by trading.

Well that's what I pay her full service brokerage fees for....I'll let her earn it.....with fingers crossed.