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

To: Larry S. who wrote (1092)3/10/1998 8:54:00 AM
From: chirodoc  Respond to of 1546
 
<<<<OK - INTU is an internet stock. if YHOO, ONSL, XCIT, AOL, etc all going crazy yesterday, why not INTU?

intu has had a great run and i own a position. i think that the street has been all over aol, yhoo, csco, and is now looking around for "media companies" meaning mspg, xcit, etc.

we will likely base in the high 30's to low 40's untl we take off again. remember that intu had some downside earnings whereas yhoo has surprised on the upside.

intu is a TURNAROUND situation whereas yhoo is a new media darling.

be patient, remember where this stock was 6-9 months ago!

curtis



To: Larry S. who wrote (1092)3/10/1998 10:02:00 AM
From: Bearded One  Read Replies (1) | Respond to of 1546
 
I bought some more Intuit yesterday. Among other things, they own 2.9 million shares of Excite. So Intuit just 'earned' about 30 million dollars in the last few days just from Excite's appreciation.

Unfortunately, unlike other internet stocks, Intuit is burdened by having a real product and real earnings. :) Once people get over that, maybe the stock will fly.


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