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

To: Brasco One who wrote (323)	2/25/2003 12:41:46 PM
From: Johnny_Blaze_420	Respond to of 429

now i feel stewpad for covering 8 points higher made my money on other places, but... its actually hitting some support around here. I think it stops around 13-14 and stays in the range of 13-17 for a while. 17 is now some solid resistance and they will need continued earnings growth (which will be suspect in this environment) to get above 17. there's always next week

To: Brasco One who wrote (323)	2/25/2003 1:38:06 PM
From: Ryan Bartholomew	Read Replies (3) \| Respond to of 429

I've lost several thousand on my recent call option purchases and I am now only up 15% from my average purchase price of the stock itself over the past few years. However, when I add in my other option trades I made when I felt Overture was over- or under-valued, I have netted about 45% in three years. Not bad for a market that has declined during the same period. Yes, I STILL feel Overture is undervalued. They are not acquiring these search engines without reason. It may dilute their earnings in the short-run, but they are buying them because they know that by fully integrating their paid listings into the existing user bases these engines already have, they will be creating a highly profitable model. I think Overture is getting sick of splitting their revenues with their partners... by acquiring their partners they no longer have to - everything is kept in-house! I am leveraging up even higher. I just purchased 50 May 20 calls. When investors realize why Overture is making these acquisitions, there will be a rebound.