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Intuit, Inc. (INTU) Message Board

  • mauricethepantsman mauricethepantsman Feb 24, 2000 7:05 PM Flag

    A recap of after hours trading . . .

    I just looked at the after hours trading numbers
    for Intuit on NASDAQ quotes. Here's what I found:
    241,300 shares traded, majority of trades were small
    blocks (less than 500 shares), one trade at 5,000
    shares, a couple at 2,500 shares, a couple at 1,100
    shares and a few at a 1,000 shares. Here's the kicker:
    the biggest blocks of shares were 27,500 shares,
    20,500 shares, 8,000 shares, and 3000 shares in early
    after hours trading when the stock was being pushed to
    higher levels before the earnings announcement. In fact
    it looks like the majority of the 241,300 shares
    traded in after hours, were bigger blocks of shares
    early on prior to the announcement of
    earnings.

    I would not be too excited about this activity
    after hours, when I see over 5,000,000 shares traded
    during the day.

    We will come back tomorrow. I
    particularly like the $25 - $30 million dollars in revenue
    that they had to defer to this current quarter (3rd
    quarter).

    Hang loose we'll see a pop tomorrow when the analysts
    start giving us upgrades.

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INTU
94.59-0.56(-0.59%)Dec 24 1:00 PMEST

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