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To: Susan Saline who wrote (13729)	3/15/1998 8:15:00 AM
From: Larry S.	Read Replies (1) \| Respond to of 53068

Chat: INTU (Intuit):- The following TA is based on the charts obtained from cbs.marketwatch.com and using the time periods 180 days - daily, and 3 years - weekly. 180 day chart - INTU in nice uptrend, respecting the 50 DMA as support. Analysis of bollinger bands show the stock pushing the upper band at 48 and closing above it on Friday. The stock ran from 36-38 area in late January, rushing to 52 before almost coming completely back to support at the 50 DMA, in the last week, it has resumed its uptrend and looks ready to push above the previous high. probably decisively so. The stochastic chart shows a similar pattern, digesting the February run-up, coming down to oversold area, and now in the early stages of the apparent next move up. The 3 year chart is even more encouraging, IMO. After assaulting the stratosphere in the MSFT takeover days of late 1995, the stock made the long trip down from to base in the low 20's. The stock spent almost a full year in this basing pattern, from late 1996 to mid 1997. INTU crossed above its DMA line in late 1997, and really hasn't looked back since. This chart appears to be signalling a continuation of this move. I see resistance at 55, (the April 96 high), think it will work to consolidate some between 45 and 55, and then should be ready to move onto an assault on the 70 level. Stochastics appear positive on this chart as well. FA: INTU is a software company that produces Quicken, Quickbooks, and TurboTax. It has a major internet presence via its home page, which is one of the top 5 internet sites visited (I believe). INTU owns significant equity positions in XCIT and CKFR. Company is aggressively exploiting its web presence, via tie-ins with AOL and other expected connections. THis is my personal interpretation of INTU on a TA basis and should be taken as one person's analysis. This and 75 cents will get you a cup of coffee. Larry