Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.99

-0.5%

3:45 PM EST

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To: quidditch who wrote (26943)	4/14/1999 12:18:00 AM
From: Jon Koplik	Read Replies (1) of 152472

Explanation of "gap" "voodoo talk." If you drew a tick by tick chart of QCOM trades -- you'd see that between 4:00 P.M. Monday and early in the day on Tuesday (and also -- the rest of recorded history) ... the stock NEVER ever traded between 161 3/16 and (I think it was) 162 5/8. (161 3/16 was the all time high as of Monday's close). (162 5/8 was the opening on Tuesday, and the low for the day on Tuesday for a while). That is a gap. A few hours later, QCOM fell to 161, eliminating the gap, and keeping some people happy that now, it could resume its ascent. Jon.

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