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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: JGoren who wrote (21218)	1/12/1999 11:47:00 PM
From: Jon Koplik	Read Replies (1) \| Respond to of 152472

You (sort of) have to "lift your pencil" to draw a multi-day bar chart graph of stock price move. (No trade higher than something and 7/16 on a certain day, and then no trade lower than (that same) something and 1/2 the next day, if I am remembering correctly). (I asked my commodity broker (that day), and he said that the gap fanatics would consider this price behavior : NO gap ... for what it is worth). To fill this particular (purported) gap, we need at least one trade (once ever) as low as that price "something and 7/16." (Sorry I can't remember the exact level). Jon.

To: JGoren who wrote (21218)	1/13/1999 3:04:00 AM
From: Spaw	Read Replies (2) \| Respond to of 152472

J, A gap is a space between one day's close and the next day's open in which a stock did not trade. It is widely accepted that all gaps are filled, meaning that at some point the stock will return to that gap and trade in the untouched price range. \| gap \| No laws in the market, but this usually happens. My post just relates to the probable action this week. However, with Monday a holiday and earnings on Tuesday of next week, Q just might rally to 65-70 range this week. But seriously, all this price projection is absolute nonsense, as not one person ever knows. We can only surmise. --spaw--