NEW CENTURY TELECOM INC (ALN-NYSE): Technical Viewpoint: From a low of $16.33 on Nov 19, 2002 prices rallied, reaching a high of $28.10 on Dec 26, 2002. A decline saw prices pull back, reaching a low of $24.52 on Jan 2, 2003. Another rally saw prices penetrate resistance, closing 1/8/03 at $29.12. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Dec 10, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $26.75. Resistance: Is at $24.75. Point & Figure: Reversed to the upside on Jan 7, 2003. A P&F upside reversal takes place at $26.75. Summary: Technical indicators have turned bullish. BUY! NEW CENTURY TELECOM INC (ALN-NYSE) @ $29.25 Stop: Use a protective stop of $27.25. NEW CENTURY TELECOM INC is currently trading @ $29.12 plus $2.84 on Jan 8, 2003. Price Objective: $39.00. Risk/Reward: $2.00 VS. $9.75. Today's Risk Reward Ratio: 5:1