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


To: TLindt who wrote (986)1/28/1998 7:18:00 AM
From: TLindt  Respond to of 1546
 
"and will soon announce the full market launch of some of the largest billers in the world. Combined, these billers represent nearly 400 million billing and payment transactions per month."

Like I said, I'll take my chances...........



To: TLindt who wrote (986)1/31/1998 1:41:00 PM
From: Alan Gallaspy  Read Replies (3) | Respond to of 1546
 
Dear TLindt,
re:I just wonder.....do you have any rec's on what I really should be doing? I'm open to a good opportunity,

Man, it seems that you and your gal are doing great with Intuit and their mini-mutual fund. We are two different types of investors, in that I try to find great companies and stick with them, let them do what they should be able to do best and grow their business. I do not feel that I as smart enough to buy and sell repeatedly within a range. My experience with that approach is that I tend to "catch falling knives" or sell just before the second stage of the rocket lights. I thought INTU was a great company when I bought in at $50, and then was sickened as it fell to below $25. That experience and a couple of other similar ones has taught me what a stop-loss is used for.

Anyway, I am feeling so confused right now, I have essentially decided to do nothing. I am not currently long in INTU in that I do not see what is so clear to you, that the online middleman business is the place to be. I have kind of a hunch you may very well be right, but I see disaster around every earnings announcement for these companies. The first time Yahoo disappoints, the tulip mania will be over with a lot of disappointed investors holding the bag.

Lotsa luck,
Al