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


To: Alice Scandura who wrote (1199)6/12/1998 9:23:00 AM
From: TLindt  Read Replies (2) | Respond to of 1546
 
If I remember, your average cost was 40ish. One high buy and one low one to get to that number. If you sold the high half, or you first buy...you should be really deep in the money on the below 30 purchase?

Quickbooks new release is coming out this month, June 1998. I anticipate the it will allow e-billing as a new feature.

The major Financial institutions are re-gearing to implement internet based banking on a massive scale...their first systems were not designed for volumes of traffic beyond a few hunderd thousand customers so they are currently in limbo on marketing, until the fall roll-outs with new systems.

You should start to see some things in the July to September period on this...billers & banks. And things should really be moving by Christmas and into 1999 for financial e-commerce. Intuits in the drivers seat....sit back and enjoy the ride. ie...lot of big stuff going on now...just hasn't hit the bottom line.

And if it all works out...analysts will tell you how good of a buy this is, of course after it's made a good run up.