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

To: Larry S. who wrote (973)	1/17/1998 3:17:00 PM
From: TLindt	Read Replies (1) \| Respond to of 1546

>>>TL - what is your take on CKFR? Could be one of those hyper growth companies. >>>who else are the large owners. Pete Kight, CEO, Gintel Asset mgt, Tribune Company, The fellow who owned Security APL, and retired last fall from Checkfree, couple others.... together they control above 50%, including Intuits' share. Integrion getting an interest for the 10 year contract and can earn I think up to 10 Millions share in 5(?) years...if they put on line 15% of US households. (not 15% of the Market, 15% of the households). That answers the first question. integrion.net >>>the only reason they posted a 9mm gain was because of gain of 25mm on sale of assets. They are not expected to be making money yet, on operations. But they are exceeding their operational tragets...each Q. >>> I realize that start-up and entrepeneurial companies are banking on the future, but am wondering what is the appeal of this co. Simply put....the banks trust them. Which puts them, and has put them in the drivers seat on this event. Hence the big run up in price last fall when the Intergrion deal was anounced. ........they had one new broker analyst start them last monday as a Strong Buy....then on Friday...another upped them from Buy to Strong Buy. All a couple weeks prior to earnings release? I really don't know what that means...but I'll tell you what I think...they're must be doing OK, at least by those two analysts. I don't see that very often...so yes I did buy some more. BTW they don't have a rating to my knowledge less that out perform. The majority are Strong Buys...the balance are Buys. I would think their ratings would be going down if they were not hitting this Q's target. Also these Strong Buys came at a previously trageted Stock price of $22.. I betting they exceeding the expectations for this Q...and there's a target increase in the Stock Price. It's not an exact science...but that's they way I read it.