Dear Rika,
Thank you for your twelfth message. My comments follow.
Sincerely,
Prof Sue Stiner
Dear Prof. Susan Stiner
> Hello!
We will skip next week because of a university festival.
What is the festival? How much time off from school is there?
> Good breeging.
It was wonderful scenery!
I want to go on a quiet trip.
I love quiet trips, too. Where do you go for quiet trips?
> Homework
> 1.B. Tell me: (1) the date of the quote,
> Oct 24
>
> (2) the time of the quote and
> 1:41am ET
>
> (3) the stock price.
> $13.57
Very good!
> 1.C. Find any other source on the web
for an Applied Materials stock price quote. List the URL for your source.
I found the New York Stock Exchange.
> 2.A. Tell me the stock price quote that you found.
> $13.57 4:18pm
>
> 2.B. Is it the same as the one listed on the company's web site at http://www.appliedmaterials.com/financial/Stock_Quote_main.html?
> It is the same $13.57.
>
> 2.C. If the quotes have different prices, why do you think they are different?
>
> Since the scale of a market is different, it may be different.
> NASDAQ is smaller.
Stocks listed on the NYSE often have a larger price per share. Many NYSE stocks are very old companies.
They earn dividends regularly for many decades.
Shareholders will pay a high price per share because the companies are very reliable.
The NASDAQ often has smaller, younger, riskier companies in it.
Investors do not like to pay a high price for these stocks.
However, my question asked you to look at two different places on the Web that each had the price of one company's stock.
The main reason the stock price could be different is that the price quotes were posted at different times of the same day.
Some sites may not change their quotes very often.
The next lesson looks at the areas where technology may go. It is here: http://www72.homepage.villanova.edu/susan.stiner/cgu/technology02.htm
Halloween is this Thursday. It is my favorite holiday. I love to see children dressed in costume.
If you have not seen my Halloween page, go here: http://www72.homepage.villanova.edu/susan.stiner/cgu/Halloween02.htm
Enjoy your holiday!