Comments on: INTU: We’ve Got Intuit-ion http://stockmarketbeat.com/blog1/2007/03/22/intu-weve-got-intuit-ion/ Our beat: The stock market. Our job: Beat it. Tue, 07 Oct 2008 02:34:56 +0000 http://wordpress.org/?v=2.2.1 By: Super Saver http://stockmarketbeat.com/blog1/2007/03/22/intu-weve-got-intuit-ion/#comment-21359 Super Saver Sat, 24 Mar 2007 02:05:22 +0000 http://stockmarketbeat.com/blog1/2007/03/22/intu-weve-got-intuit-ion/#comment-21359 Bill, Thanks for your submission for the IBN Network CNBC Million Dollar Portfolio. I purchased 3300 shares of INTU yesterday for $27.54. Your pick and this post will be included in the IBN Festival #5 on April 9. Bill,

Thanks for your submission for the IBN Network CNBC Million Dollar Portfolio. I purchased 3300 shares of INTU yesterday for $27.54. Your pick and this post will be included in the IBN Festival #5 on April 9.

]]> By: Trent http://stockmarketbeat.com/blog1/2007/03/22/intu-weve-got-intuit-ion/#comment-21198 Trent Thu, 22 Mar 2007 20:03:22 +0000 http://stockmarketbeat.com/blog1/2007/03/22/intu-weve-got-intuit-ion/#comment-21198 Fair enough. There is still an implication that there are a lot of in-process web returns. Thanks for pointing this out. (It is yet another reason the stock may rally - the misinterpretation of the trend.) Fair enough. There is still an implication that there are a lot of in-process web returns. Thanks for pointing this out. (It is yet another reason the stock may rally - the misinterpretation of the trend.)

]]> By: d reeves http://stockmarketbeat.com/blog1/2007/03/22/intu-weve-got-intuit-ion/#comment-21170 d reeves Thu, 22 Mar 2007 16:16:46 +0000 http://stockmarketbeat.com/blog1/2007/03/22/intu-weve-got-intuit-ion/#comment-21170 The guidance isn't at all implausible. Intuit delivers TurboTax two basic ways: through software installed on desktop computers, and with a web version. With the desktop version, you pay up front; with the web version, you pay only when you file. Both products cost the same amount. If the broad trend toward the web version continues, you would expect a higher percentage of turbotax purchases to occur when people finish their taxes, not when they start them. And it's not completely a guessing game, either; Intuit can track activity on the web version, and they should have a pretty good idea of who is and isn't likely to ultimately purchase and file through TurboTax. The guidance isn’t at all implausible. Intuit delivers TurboTax two basic ways: through software installed on desktop computers, and with a web version. With the desktop version, you pay up front; with the web version, you pay only when you file. Both products cost the same amount.

If the broad trend toward the web version continues, you would expect a higher percentage of turbotax purchases to occur when people finish their taxes, not when they start them. And it’s not completely a guessing game, either; Intuit can track activity on the web version, and they should have a pretty good idea of who is and isn’t likely to ultimately purchase and file through TurboTax.

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