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Technology Stocks
Intuit and the IBM/Banking Consortium

An SI Board Since May 1996

Posts	SubjectMarks	Bans	Symbol
25	0	0	INTU

Emcee: Samuel Kho	Type: Unmoderated

Introduction Market Data Compact

IBM has formed a joint venture company with several major banks.
I think this consortium could be formed to acquire INTUIT.
The advantages of acquiring Intuit, as I can see, are:

1. Intuit stock price is now depressed. Despite recent runup, it is still
way below its 52-week high.
2. The consortium can have a quick start without need to develop its own system.
3. Later the consortium can attract other banks to join by charging them fees or
by selling shares of the consortium.
4. There won't be any anti-trust problem.

I don't see any disadvantages.

Sam
Disclosure: I own some Intuit stocks.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
25	Dead dog, Intuit Hi, Karl, listen, have you been reading my previous stuff??	don kramer	-	1/29/1997
24	Dan, You are correct that most of the revenue from electronic banking will be c	Karl Kandell	-	1/28/1997
23	revenues, where? ok, one more time, with all respects.... there is no signifi	don kramer	-	1/25/1997
22	Intuit, Microsoft, Checkfree agree on standard Financial API biz.yahoo.com Ho	kfs	-	1/23/1997
21	I would never have thought when posting to this thread on Jul 21 that I would e	Karl Kandell	-	1/16/1997
20	Business Week background article on IBM & Integrion: businessweek.com Che	Daniel Schuh	-	12/4/1996
19	IBM and Mega Tuesday 3 Dec 1996, Integrion, the IBM consortium, alliance with	don kramer	-	12/4/1996
18	EDS probably would have managed to provide the same high level of service they	Beth Little	-	9/3/1996
17	The PE is 1300 only because Intuit posted a loss in its last quarter. I like In	Tony Wilson	-	8/31/1996
16	Can you name another company who could even have attempted what IBM did for the	Robert Scott Diver	-	8/22/1996
15	I couldn't agree more. Intuit stock, at under $40, is a fantastic buy, if t	Tony Wilson	-	8/22/1996
14	Samuel, I found this article about the IBM bank consortium, called INet,(oh s	Christopher D. Casey	-	8/20/1996
13	I have used Quicken for about 4 years now. When MSN was giving away MONEY I pi	trevor Martin	-	8/7/1996
12	Does anyone know how Intuit is doing in terms of market share of Quicken and QU	Dave von Hausen	-	8/4/1996
11	Don, I agree w/ many of the points you brought up and I'd figure I'd t	tensai	-	7/26/1996
10	permit me to comment. Management did mess up Intuit. Price drop borders on ca	don kramer	-	7/22/1996
9	Sam: Must tell you,I just got my Aptiva and is a dream come true,love this	Rick Shepherd	-	7/22/1996
8	I have used Quicken 10 times more than any other software in the last decade an	Karl Kandell	-	7/22/1996
7	Christopher, It was on the Wall Street Journal. It was also on the online vers	Samuel Kho	-	6/18/1996
6	Sam, I've run a few searches and I can't find any press releases relati	Christopher Coleman	-	6/7/1996
5	I read it in that day's issue of the Wall Street Journal. It didn't men	Samuel Kho	-	6/3/1996
4	I think over the next few years, the only way for Intuit to continue to prosper	Samuel Kho	-	6/3/1996
3	SAM.... this is interesting... which banks are joining IBM? And how about Micro	jmk	-	5/24/1996
2	I agree that quicken is currently their greatest money maker. However, if you l	Brian Glas	-	5/21/1996
1	I think Intuit being essentially a single product company is still a very specu	A.Elahi	-	5/18/1996

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