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

To: chirodoc who wrote (985)	1/31/1998 11:34:00 AM
From: TLindt	Respond to of 1546

On this one I'm waiting till after earnings to get back to a full position. A couple of things comming up this winter that will drive stock price. #1 Being the sale of Auto Insurance....I'd really like to see how that pans out. They've done well with 'refinance / mortgage" #2 The online billing of Quicken98. I expect that to come off with Checkfrees announcement. As you know I already have my online accout setup......just waiting for them to turn it on. When I was in the billing feature....I saw at least 7 monthly billings, out of a least a hundred, I receive which are I requested to be sent digitally when available. This to me is going to be a big foward revenue driver for Intuit. And keep in mind, more banks are putting in OFX severs, which have interfaces to Money98 & Quicken98. That war is over, MicroSoft, Intuit & Checkfree won. Watch for an ever increasing number of banks to be in the game by the end of the year, expanding e-Commerce expotentially for years to come. Not to mention the number of OFX billers in the process of comming up within the next few days or weeks.