Just thought that I would check in to the board to see how my friends are doing.
I see that INTU is still below the $40 mark after posting it's quarter results. I have reiterrated many times in the past that this excellent company is maturing and that it will make the necessary adjustments to be successful in the B2B arena, as well as in the consumer space. The internet will be it's main focus in the years to come, as well it should be.
Don't concern yourselves with the downgrades of some of the analysts. This is common practice for them to try to hold stocks in a trading range. Concern yourselves with how the company is performing relative to year to year comparisons in % of revenue growth, expense reductions, and more importantly positive cash flow. With positive cash flow you can expand your business into new territories that complement your suite of offerings, or you can decide to put more R&D into developing new products and applications.
I am convinced that this will be one of your benchmark companies in the near future. Management is strong and building a solid foundation for the pursuit of growth in the fields of personal finance, accounting, and taxes.
Here's a question to ponder. Would INTUIT want to take a stake hold in banking/brokering?
Hang in there. I think that diversification is still going to occur in this company's portfolio of offerings.