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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 155.82-1.3%3:59 PM EST
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To: engineer who wrote (25945)4/2/1999 10:30:00 PM
From: John Dough  Read Replies (1) of 152472
 
*****OT*** Engineer: Yes, I have noticed that before a NASDAQ stock opens, the bid often exceeds the ask, up until the market opens, at which point they tend to converge. This usually happens when it gaps up from the previous day's close.

But, have you ever seen the bid exceed the ask at the close, as we had on Thursday?

Mark
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