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Intuit, Inc. (INTU) Message Board

  • chiman63 chiman63 Feb 11, 1998 11:35 PM Flag

    Wonder ?

    Today's move make me wonder the market. Does it really added
    to INTU's value 5 point due to a fact interpretated differently.
    No, it only strengths one's believe and attracted momentum
    players. So tomorrow, there are should be pull back fast.

    The other thing worries me is this Q's first call is 0.94,
    way too much of last Q's -0.26, I really have no confidence
    that INTU could make it. Quicken upgrade does not generate
    much revenue. Not knowing TurboTax, and I do not think online
    stuff generate many revenue at least in the current Quart. So
    where is the revenue from besides the investment in XCIT, (which
    I think street will put some discount on that when evaluate).

    I am inclined to sell or short at opening tomorrow, also expecting general market pull back. Can always get back later at
    lower price, right ?

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