NIKE INC CL B (NKE-NYSE): Technical Viewpoint: From a low of $47.00 on Aug 6, 1999 prices rallied, reaching a high of $54.56 on Aug 18, 1999. A decline saw prices pull back, reaching a low of $46.19 on Aug 31, 1999. Another rally saw prices penetrate resistance, closing 9/27/99 at $56 3/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Sep 10, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $53.00. Resistance: Is at $57 3/4. Point & Figure: Reversed to the upside on Sep 20, 1999. A P&F upside reversal takes place at $53.00. Summary: Technical indicators have turned bullish. BUY! NIKE INC CL B (NKE-NYSE) @ $56 7/8 Stop: Use a protective stop of $54 1/8. NIKE INC CL B is currently trading @ $56 3/8 plus $2.57 on Sep 27, 1999. Price Objective: $77.00. Risk/Reward: $2 3/4 VS. $20 1/8. Today's Risk Reward Ratio: 7:1