* Today's Sector Analysis: "Drugs " Institutional Technical Viewpoint
Buy Alert! Avid Technol Inc  (AVID): $16.50 Stop.  $15.13 P-Stop  $25.00 P-Objective
Dow Jones Ind: 8,571.60 plus 53.96 points Nov 5, 2002 * Price Objective: 9,300    Volume Two No. 1636
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
11/5/02
PRICE
OBJ
CLOSE
PRICE
BBH BIOTECH HLDRS TRUST BUY! *   RSI: 61 $90.13 $87.38 $99.50 $89.00
* CEPH CEPHALON INC BUY! *   RSI: 63 $51.75 $49.25 $63.00 $51.30
CMCSA COMCAST CORP BUY! *   RSI: 70 $25.88 $23.88 $36.00 $25.65
ISSX INTERNET SECURITY BUY! *   RSI: 77 $21.88 $20.38 $32.00 $21.21
JBLU JETBLUE AIRWAYS BUY! *   RSI: 58 $42.63 $40.63 $51.00 $41.93
NUE NUCOR CORP BUY! *   RSI: 61 $47.13 $45.13 $60.00 $46.50
SYMC SYMANTEC INC BUY! *   RSI: 69 $42.25 $40.25 $58.00 $41.99
TECD TECH DATA CORP BUY! *   RSI: 65 $35.38 $33.38 $51.00 $35.22
Drugs   BGEN: $39.50  BSTE: $33.13  DNA: $36.13 Buy Alerts  IDCC: $13.63  IM: $15.75  PCLE: $13.25

ADOBE SYSTEMS INC (ADBE-Nasdaq): Technical Viewpoint: From a low of $17.71 on Oct 9, 2002 prices rallied, reaching a high of $25.64 on Oct 24, 2002. A decline saw prices pull back, reaching a low of $22.10 on Oct 29, 2002. Another rally saw prices penetrate resistance, closing 11/4/02 at $27.38. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 11, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $22.75. Resistance: Is at $28.98. Point & Figure: Reversed to the upside on Nov 4, 2002. A P&F upside reversal takes place at $25.50. Summary: Technical indicators have turned bullish. BUY! ADOBE SYSTEMS INC (ADBE-Nasdaq) @ $28.50 Stop: Use a protective stop of $26.50. ADOBE SYSTEMS INC is currently trading @ $27.38 plus $2.91 on Nov 4, 2002. Price Objective: $39.50. Risk/Reward: $2.00 VS. $11.00. Today's Risk Reward Ratio: 5:1


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