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   Technology StocksIntuit -- What's Its Future?


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To: ptlusa who wrote (1531)9/18/2006 12:39:59 AM
From: ProDeath
   of 1544
 
Easy. The operating system software is vastly superior to anything that Microsoft will ever trouble itself to produce.

It's funny you should mention Dell. Monday 9/11/2006 made we really happy thanks to a substantial short position that I had bolstered with some puts that were part of a long strangle. I had dumped the calls at about even money the week before, the puts were a triple on Monday. I also closed the short at a profit and am watching for another entry point on the short side as I expect Dell's share price to decline further in the coming months.

I've never been all that good at finding stocks at the beginning of a major growth surge. However, over the years I have been pretty good at finding short candidates and knowing when to get out of troubled stocks. Dell was on my hit list and still is. I've never much cared for their hardware either, but that's another story.

Best of luck in your endeavors, sorry I was so long in replying, I hadn't been by SI in a while.

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To: ProDeath who wrote (1533)9/26/2006 7:54:35 PM
From: pippen33
   of 1544
 
Schmandel

I also agree and believe that the software is more robust and superior then Microsoft. I think that of recent intuit is really developing products that will power the next decade. Not sure of the support though, they have an outsourced BPO company in India. Not thrilled with the level of support.

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From: Sr K9/14/2009 5:56:26 PM
   of 1544
 
Intuit Buys Personal Finance Upstart www.Mint.com for $170 million

nytimes.com

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From: Sr K8/20/2011 7:04:18 PM
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Intuit Grows Annual Revenue 11 Percent, Operating Income 17 Percent

Expects 9 to 11 Percent Revenue Growth and Double-Digit EPS Growth in Fiscal 2012; Company Announces Cash Dividend

Press Release Source: Intuit Inc. On Thursday August 18, 2011, 4:00 pm EDT

.

Quarterly Dividend

Intuit’s board of directors approved a quarterly cash dividend. The cash dividend will be paid on Oct. 18 to shareholders of record as of the close of business on Oct. 10. The dividend will be $0.15 a share. Future declarations of dividends and the establishment of future record dates and payment dates are subject to the final determination of the board of directors.

Stock Repurchase Program

During the fourth quarter, Intuit repurchased $250 million of its shares, bringing total repurchases to nearly $1.4 billion for fiscal 2011.

With $640 million remaining on the current authorization, Intuit’s board of directors approved a new $2 billion stock repurchase program, authorized through August 2014. The three-year window provides the flexibility to maintain an active stock repurchase program while also investing for growth.

finance.yahoo.com

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From: Sr K5/14/2013 12:11:27 PM
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Kabbage teams up with Intuit to expand its financing business

By Alistair Barr

SAN FRANCISCO | Tue May 14, 2013 8:29am EDT

May 14 (Reuters) - Kabbage, a start-up that specializes in financing for small online merchants, has teamed up with Intuit Inc to expand its service to bricks-and-mortar businesses.

Kabbage said on Tuesday it will use data from QuickBooks, Intuit's accounting software, to make quick decisions on whether to extend financing to businesses that use the software.

About four million retail, services and manufacturing businesses use QuickBooks, expanding Kabbage's potential reach. Until now, Kabbage has focused on financing for sellers on e-commerce marketplaces, such as those run by eBay Inc and Amazon.com Inc.

Kabbage is one of several companies that are using new sources of data from the Internet to underwrite differently than banks and other traditional lenders.

PayPal, the payment division of eBay, and Amazon have also begun lending money to merchants that sell on their marketplaces, using online data to underwrite the process. [ID: nL2N0CQ0TY]

Some banks already use QuickBooks data, along with lots of other information, to help them underwrite small business loans. However, Kabbage will be the first company to use only QuickBooks data to decide whether to extend financing.

For Intuit, teaming up with Kabbage makes its QuickBooks service more attractive to small businesses, by helping them get financing more easily.

"Small businesses have had a terrible time trying to get capital," said Richard Preece, a director at Intuit's QuickBooks unit. "If it's easier for QuickBooks users to get financing, that's a good thing."

Through the partnership, Kabbage gets access to information including cash flow, employee count, inventory levels and vendor payments, Preece noted.

"There are literally hundreds of data points and the combination of those over time allows Kabbage to start underwriting in a way that banks don't do today," he added.

Thomvest Ventures is a Kabbage investor. Thomvest Chairman Peter J. Thomson is a director of Thomson Reuters Corp, which owns the publisher of this report.

reuters.com/article/2013/05/14/kabbage-intuit-idUSL2N0DU2O720130514

reuters.com

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From: Sr K9/24/2013 5:34:04 PM
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9/24/2013

4:06PM Intuit and Square announce point of sale and accounting integration ( INTU) 65.96 -0.45 : Built on Ico's open platform, the integration will enable small businesses to more efficiently import their transactions from Square into QuickBooks helping them streamline their operations, save time and ensure accurate reporting. The offering will be available on November 19.

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From: Sr K1/10/2014 6:05:06 PM
   of 1544
 
30 Bookmarks

4 pages

A sting in Tampa in 2011 dismantled an operation involving $130 million in fake claims and laundered funds. Last summer, police near Miami responding to reports of a home invasion found more than 500 prepaid TurboTax ( INTU)-issued Visa ( V) cards, each loaded with thousands of dollars in fraudulent refunds. DIY electronic filing made easy by online tax preparation service TurboTax has been such a boon for crooks that Miami strip clubs popular with gang members have started catering to the tax-fraud set. Catlin says it’s not unheard of for this new breed of nouveau riche to burn through a brick of dollar bills in a single night. Last year, he says, one club was even advertising Turbo Thursday specials, in honor of TurboTax.

businessweek.com

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From: Sr K9/25/2014 5:52:07 PM
   of 1544
 
wsj.com
9/25/2014

all-time high was yesterday, 87.31

Mention of mint.com here

online.wsj.com

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From: SI Ron (Crazy Soup Man)10/8/2014 3:01:50 PM
   of 1544
 
This board needs a logo and a new moderator. Anyone up for the job?

Ron

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From: Sr K1/23/2015 7:42:41 AM
   of 1544
 
blogs.wsj.com

Beginning with 2014 tax returns, many customers can no longer use TurboTax Deluxe software (desktop or download, as opposed to online preparation) if they want to electronically file Schedule C (for small businesses), Schedule D (capital gains and losses) or Schedule E (rental property). Instead, they must upgrade to one of the more expensive versions of the software.

The switch enraged many long-time users, who posted more than 1,400 negative complaints at Amazon.com with complaints of “bait and switch” and “price gouging.”

In response, rival H&R Block offered many TurboTax users a free trial of its competing software.

Here’s the start of the email being sent to prior-year users of TurboTax Deluxe desktop software by Sasan Goodarzi, the general manager of Intuit TurboTax:

We messed up. We made a change this year to TurboTax desktop software and we didn’t do enough to communicate this change to you as proactively and broadly as we could or should have. I am very sorry for the anger and frustration we may have caused you.

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