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To: TFF who wrote (2885)2/8/1998 7:41:00 PM
From: Chris  Read Replies (2) | Respond to of 12617
 
Hello Irby,

Like so many others, I am a new subscriber who had to tell you how much I appreciate your efforts and the great information you have provided on this thread. I started on page one and have read all the way through...the best education I have had so far, Thanks!

I have a question that has been bugging me. I apologise if this is a bit off topic for the thread. I tried to use the email address in your profile, to contact you directly, but it came back undelivered.

In a stock quote, the open, high, low, last and change are given (among others). I assume that the change is the difference between the open and close, with the +/- indicating direction up or down. Is this correct? If so then why the discrepancy in the following example:

MSFT (from Quote.com)

open: 155 3/8
high: 158 1/4
low: 155 1/8
last: 158 1/8
chng: +2 11/16

It seems to be off by a 1/16. I noticed this was the case on many other stock quotes I looked at. They all seem to be off a 1/16 or so. Am I missing something obvious here? I get that feeling... :)

Thanks.

Chris