BROADCOM CORP (BRCM-Nasdaq): Technical Viewpoint: From a low of $38.18 on Apr 20, 2004 prices rallied, reaching a high of $43.79 on Apr 23, 2004. A decline saw prices pull back, reaching a low of $36.51 on May 17, 2004. Another rally saw prices penetrate resistance, closing 5/21/04 at $40.75. Technicals: MACD Index (MACD): A Buy Alert! was given on May 21, 2004 when the solid line crossed the dotted line to the upside. Support: Remains at $36.50. Resistance: Is at $43.79. Point & Figure: Reversed to the upside on May 21, 2004. A P&F upside reversal takes place at $38.00. Summary: Technical indicators have turned bullish. BUY! BROADCOM CORP (BRCM-Nasdaq) @ $41.13 Stop: Use a protective stop of $39.13. BROADCOM CORP is currently trading @ $40.75 plus $2.42 on May 21, 2004. Price Objective: $55.00. Risk/Reward: $2.00 VS. $13.88. Today's Risk Reward Ratio: 7:1