APPLIED MATERIALS (AMAT-Nasdaq): Technical Viewpoint: From a low of $76 1/4 on Sep 30, 1999 prices rallied, reaching a high of $87 1/4 on Oct 6, 1999. A decline saw prices pull back, reaching a low of $73.56 on Oct 20, 1999. Another rally saw prices penetrate resistance, closing 10/28/99 at $83 3/4. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 25, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $78.00. Resistance: Is at $85.00. Point & Figure: Reversed to the upside on Oct 28, 1999. A P&F upside reversal takes place at $78.00. Summary: Technical indicators have turned bullish. BUY! APPLIED MATERIALS (AMAT-Nasdaq) @ $84 1/8 Stop: Use a protective stop of $81 1/4. APPLIED MATERIALS is currently trading @ $83 3/4 plus $4.44 on Oct 28, 1999. Price Objective: $97 1/2. Risk/Reward: $2 7/8 VS. $13 3/8. Today's Risk Reward Ratio: 4:1