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Technology Stocks : Overture (OVER) formerly (GOTO)

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To: Brasco One who wrote (268)11/21/2002 11:37:10 AM
From: Ryan Bartholomew  Read Replies (2) of 429
 
As I always do, I had purchased options that expired several months out. Why you suggest that I would break my pattern I do not know, and do not really care. Anyway, they are doing quite nicely. I bought 50 Feb 25 calls when Overture was around 22, and I actually stated that on this board at the time (although I did forget to include the expiry, I think most people on here trust me by now.) Overture is now at 26+. It certainly may fluctuate back down into the low 20's before moving higher, but I am extremely confident that it will move into the 30's after the irrational fears become apparent. If it does dip again without good reason, I will likely increase my option leverage. And of course I still hold all of my shares purchased a couple years ago in the low teens.
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