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Technology Stocks : Overture (OVER) formerly (GOTO) -- Ignore unavailable to you. Want to Upgrade?


To: StormRider who wrote (103)4/30/2002 11:19:02 PM
From: Ryan Bartholomew  Read Replies (2) | Respond to of 429
 
Oh well - I am entitled to be wrong once in a while. They increased guidance going forward, but they did not include contracts that are still in question for renewal. Conservatively, I still think they will earn $1.50 per year, and there is still a lot of room for smaller-tier growth.

Rumors also abound about Yahoo buying Overture. Not sure if that will happen, but in any case, Overture will be just fine. Stock might retreat a bit in the morning, but as I have said all along, long-term prospects are extremely strong nonetheless.