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


To: LLLefty who wrote (1034)2/11/1998 7:44:00 PM
From: TLindt  Read Replies (1) | Respond to of 1546
 
I'm just looking to take a few bucks off the position. Last I looked this cost me $13....at the close it was up to $14 if I wanted it back.

I know how you feel not having INTU on my prime time screen I miss it already. Like they say, nothing ventured, nothing gained. I'm really taking a gamble to reduce my cost.....no guts no glory! I always said I wanted to work this position to free.

Good Luck to You, Good Luck to Me!

My Broker says 40-43 as re-enter. Base at $41, if she doesn't hold high 30's.

BTW......She opened a position in CheckFree in the low 20's.



To: LLLefty who wrote (1034)2/16/1998 1:33:00 AM
From: kfs  Respond to of 1546
 
Staying away from the message boards for two weeks while this stock goes through the roof makes for a fun time when I get around to visiting again: I get to see what all the INTU regulars did when the ship came in...and then kept coming in..and in! (Hmmm, wrong analogy. Tom's rocket would have been better there.)

I sold some at 43.75, and I'll probably sell another slug above 51 this week. This P/E is just too much, even for an Internet stock. But I'll always keep some in reserve for if we ever see 80 again.

Strange ride. As has been observed, this is really too early to be in anticipation of an earnings surprise on the 24th. And last quarter was the first time the Street reacting positively to earnings in mucho quarters.