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Intuit, Inc. (INTU) Message Board

  • BigBucksBernie BigBucksBernie Apr 15, 1999 5:10 AM Flag

    INTU is more than Turbotax

    yes, tax season is over,
    BUT

    Remember---the small business market is growing by leaps and
    bounds as home based businesses increase
    expotentially-

    Most businesses eventually will buy Quickbooks and
    will also buy Quicken for their personal
    finances.

    Past users like myself will buy the latest upgrade to
    be Y2K compliant with the least headaches. This will
    present a huge growth in software sales for the remainder
    of this year.

    Their Payroll services should
    also increase by a huge percentage as word of their
    service offerings in this sector become widespread. Also
    insurance and banking affiations continue to increase
    dramatically. All this points to continued groth into the
    millenium.

    With more endeavors into the internet, this stock is a
    can't lose holding. Yes, we will have some nervous
    nellies taking profits, but this stock could be the Yahoo
    of finance. I look for an easy double this year and
    look for a split very soon to help the stock price.


    Hold for the long term. Dont let short term
    fluctuations cause you to nervously dump this winner.


    "Dump the dogs, but let the winners ride"

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Don't foget that INTU is going to have a cash
      horde after they are done selling off XCIT, unless the
      Internets crash before the sale. With only 60 million
      shares outstanding, they could buy quite a few shares
      back or they can make aquisitions. Probably both.

 
INTU
101.41-0.21(-0.21%)Jul 2 4:00 PMEDT