SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Overture (OVER) formerly (GOTO)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: brk who wrote (157)6/11/2002 9:15:03 AM
From: Ryan Bartholomew   of 429
 
Sure is. Earnings will be out in about a month, and that is what I have always maintained will drive this stock higher. Earnings expectations have been irrationally cut way back... they earned 48 cents last quarter, but they are only expected to pull half of that this quarter. I would look for Overture to blow away that reduced outlook and the stock will head back to the 30s. AOL mattered, but not enough to slice earnings in half! Besides, since AOL is now suffering as a result of their foolish partnership with Google, they may end up going back to Overture sometime soon anyway. The fear of Google's competition is quickly fading, especially as word gets around the PPC industry that Google clickthroughs convert at about 1/3 the rate of Overture's - meaning that advertisers will never be able to justify bidding as high as they do on Overture. The result? Overture provides a much more lucrative revenue stream for its partners than Google ever could - EVEN if Google survives the lawsuit against them.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext