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

To: TLindt who wrote (1072)	2/24/1998 8:28:00 PM
From: Helios	Read Replies (2) \| Respond to of 1546

'It will go back to the Barrons Article' Hold the Phone. Hold the Phone! Why would you say that. The Barrons article is proving to be correct. (to be honest I have not read it but I gather that it talked about Intuit as an internet play) The AOL deal is big. The sector is white hot. I guess I will not be surprised by a further pull back here. But to go down to what 35? I doubt it. Based on news of sales of Quicken from the retail outlets I was expecting Intuit to beat estimates so I am a bit disappointed there. However, you can't just read the bottom line with this company. With so much going on (in terms of sales and acquisitions) they have some flexibility on how they recognize revenues. They may have been fairly conservative here.