Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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) -- Ignore unavailable to you. Want to Upgrade?

To: Brasco One who wrote (360)	3/14/2003 4:41:35 PM
From: SpecialK	Respond to of 429

I am long OVER today 14.69. I might be a few days early on the purchase, but expect to make a profit on it. It hit a new 52-week low today. It last did this on 2/25 at 14.68. It dropped greater than 10% that day on greater than 8M share volume. The closing price that day was 15.44 which was not breached until 3/11. During this 2 week timeframe, it reached as high as 17.45 or approximately the close on 2/24. If this pattern repeats, OVER needs to hold the 14.05/ 14.00 level next week. Target would be 16.15, which was yesterday's close. We've closed today at 14.19. Note: I wouldn't expect a strong break above 15 anytime next week, due to options expiry. Of course, analyst comments and earnings statements could alter its movements, if they happened. I have another open buy order at 13.75 and a partial sell order at 15.40.