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

To: engineer who wrote (25945)	4/2/1999 9:26:00 PM
From: Drew Williams	Read Replies (1) \| Respond to of 152472

I just spent most of the last hour reading the Gorilla thread. It seems like everyone over there is talking about selling MSFT to buy QCOM on Monday. The party continues! I seriously thought about selling my GSTRF and LOR to buy more QCOM when QCOM was up to about 80. I did not do it (sigh), because for some weird reason I keep expecting GSTRF to start coming back as the satellites are successfully launched. Oh well, I keep telling myself GSTRF is going to be a winner come September. And, frankly, while I used to have a lot of money (a lot for me anyway) invested in GSTRF, it isn't any more (sigh, sigh, again).

To: engineer who wrote (25945)	4/2/1999 10:30:00 PM
From: John Dough	Read Replies (1) \| Respond to 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

To: engineer who wrote (25945)	4/4/1999 1:56:00 PM
From: MileHigh	Respond to of 152472

engineer, As we all know, the bid gets increased in order for the MM's to entice existing shareholders to sell in order for the MM's to get the inventory they need to sell to the buyers- bullish indicator. But to have the bid priced higher at the close is interesting, must be an indication of more buying interest. BTW, my schwab software confirms closing bid/ask pricing. I am a newbie in QCOM and am looking at the charts for a good entry point (if there ever is a pullback <gg>). Even the great stocks pullback. Regards, MileHigh