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Technology Stocks : Altera -- Ignore unavailable to you. Want to Upgrade?


To: kas1 who wrote (1434)12/6/1997 9:22:00 PM
From: Bill Martin  Read Replies (1) | Respond to of 2389
 
... most stock quote sites have semilog sites, and semilog leads to an under-appreciation of historical corrections in this stock.

Actually you want semilog scales in order to fully appreciate declines in historical context -- that's their purpose. With semilog a 1" dip on the chart always corresponds to the same percentage decline in price regardless of where the drop occurs. With linear scales a 1" drop might correspond to an 80% price drop near the bottom of the chart and a 5% decline near the top of the chart.

One opinion ....

Bill