Phil Mickelson follows close behind at the Bob Hope Chrysler Classic.
LA QUINTA, Calif. -- Joe Ogilvie keeps selling himself short.
After shooting a 6-under 66 Friday to go to 23 under in the Bob Hope Chrysler Classic, he downplayed his round.
"I got lucky, basically. The way I played, 66 was a gift," said Ogilvie, who holds a two-shot lead over Australian Peter Lonard.
A former Duke economics major who plays the market and lists among his heroes Warren Buffett and Bill Gates, Ogilvie was asked how he would rate his stock through three rounds of the five-day Hope.
"Probably overrated," he said, laughing.
"I'd probably be a buyer if I was at even par, but not at 23 under.
"There's not a whole lot to go off if you're 23 under. I'd try to buy low and sell high."
Ogilvie shot a 63 a day earlier and said then that, while he was leading "score-wise" with a three-shot edge over Phil Mickelson, he considered Mickelson "technically" in the lead.
That was because Mickelson already had played the more difficult of the four courses used for the tournament.
Defending champion Mickelson, also the 2002 winner, wasn't in the lead technically or otherwise after 54 holes, with his 70 dropping him seven shots behind Ogilvie.
Fredrik Jacobson of Sweden remained close with a 67 that left him third at 19 under.
Craig Stadler, who won the Hope in 1980 for his first tour victory, shot his way into contention with a 65 that put him in a group with Mickelson at 16 under, seven shots behind Ogilvie.
Stadler said he probably would have skipped the Hope if his son, Kevin, wasn't also in the field. Kevin Stadler was 5 under through 54 holes.
Turtle Bay Championship
KAHUKU, Hawaii -- Hale Irwin got off to a fast start in his bid for a fifth straight victory in the Turtle Bay Championship, shooting a 5-under 67 for a share of the first-round lead in the Champions Tour event.
The 59-year-old Irwin, seeking his sixth overall victory in the event, was tied with Keith Fergus, Gil Morgan and Allen Doyle.
Dana Quigley, who won the MasterCard Championship on the Big Island last week, was one stroke back along with Bob Gilder, Wayne Levi, Jim Thorpe and Gary McCord.
Irwin birdied five of his six first holes to make the turn in 31. He cooled off on the back nine with a bogey on No. 15, but two-putted the 18th for a birdie.
SINGAPORE -- England's Nick Dougherty shot a 5-under 67 to take a one-stroke lead over defending champion Colin Montgomerie in the Caltex Masters.
Dougherty had a 9-under 135 total on the Laguna National course. Montgomerie followed his opening 65 with a 71.
The event is co-sanctioned by the European and Asian tours.
Copyright 2005 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.