LAM RESEARCH CORP (LRCX-Nasdaq): Technical Viewpoint: From a low of $48.44 on Aug 20, 1999 prices rallied, reaching a high of $66.00 on Sep 14, 1999. A decline saw prices pull back, reaching a low of $56.00 on Sep 24, 1999. Another rally saw prices penetrate resistance, closing 10/1/99 at $64.81. Technicals: Stochastic Oscillator (STOC): A Buy Alert! was given on Sep 28, 1999 when the solid line crossed the dotted line to the upside. Support: Remains at $58.00. Resistance: Is at $66.00. Point & Figure: Reversed to the upside on Oct 1, 1999. A P&F upside reversal takes place at $61 1/4. Summary: Technical indicators have turned bullish. BUY! LAM RESEARCH CORP (LRCX-Nasdaq) @ $65 3/4 Stop: Use a protective stop of $62 7/8. LAM RESEARCH CORP is currently trading @ $64.81 plus $3.81 on Oct 1, 1999. Price Objective: $82.00. Risk/Reward: $2 7/8 VS. $16 1/4. Today's Risk Reward Ratio: 5:1