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Non-Tech : INTUIT - Will it die? -- Ignore unavailable to you. Want to Upgrade?

To: kfs who wrote (1)	1/31/1999 5:15:00 PM
From: For Profit Only	Read Replies (1) \| Respond to of 3

Will the stock stay at the current level when it is known that Intuit's TurboTax revenue is spiraling down? Specially when their competition does it for free? Hence, knowing that, I fail to understand why you would like to purchase over $55 of software? Maybe the fancy multimedia graphics? Sorry, I do not believe it will save TurboTax. From what I see, the latest run on Intuit's stock is due to their multiple announcements of tax filing via the web. The only caveat is that Intuit is now competing against sites that do it for free (as you mentioned). Pretty tough space to be in. It is my belief that Intuit's stock valuation will only be based on Quicken and Quickbooks (which are excellent products). However, none of these are web-based which will take it out of the Internet space. The stock is now at an all time high of $91. Let's see where it is in 3 months. MAY THE MARKET SPEAK!