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  • DerKomisar DerKomisar • Dec 7, 1997 12:54 AM Flag

    Intuit Mgmt and Product Delay = Stock t

    Mgmt sucks - leadership and vision are very incompetent.

    Quickbook delays for at least six months. I would stay away from this company.

    Sell! Sell!

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    • Stu2j Stu2j • Dec 7, 1997 10:58 PM Flag

      I always see folks blasting Intuit with a short-term view. Intuit (like a lot of techs going thru growing pains) is not a great short term investment.

      However, do you believe online banking is the way of the future? Do you believe an online investing standard is the future? Chances are, Intuit is the company to take us there. MS saw this and tried to buy the company.

      Over the long-term. I think the outlook for Intuit is fine.

      • 1 Reply to Stu2j
      • herman11 herman11 • Dec 8, 1997 11:58 AM Flag

        Hi Stu,

        as i post on this thread before i am long with INTU and i trade it since MSFT try to buy it for 100 $ per share.
        Today INTU is doing fine again (> 38). INTU gains about 10 $ in only 8 trading days. Most people on this thread seem to be short and discussing arguments, why this one should be sold very fast. I can't understand this because the company have a good management (i don't agree with DerKomisar); they have an excellent vision (great financial Internet services); The P/E with 21 is not too high for a visionary Internet company.

        Does anybody know what's going on today ?

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