* Today's Sector Analysis: "Internet " Institutional Technical Viewpoint
Buy Alert! Level 3 Commun  (LVLT): $84 1/8 Stop.  $81 3/8 P-Stop  $96.00 P-Objective
Dow Jones Ind: 11,200.54 plus 56.27 points Dec 21, 1999 * Price Objective: 13,200    Volume Two No. 940
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
12/22/99
PRICE
OBJ
CLOSE
PRICE
* AAPL APPLE COMPUTER BUY! *   RSI: 56 $103.12 $100.38 $155.00 $102.50
AMAT APPLIED MATERIALS BUY! *   RSI: 70 $124.12 $120.87 $144.00 $123.62
CNXT CONEXANT SYSTEMS BUY! *   RSI: 65 $74.12 $71.25 $100.00 $74.00
COMS 3COM CORP BUY! *   RSI: 75 $53.87 $51.25 $63.00 $53.12
HWP HEWLETT-PACKARD BUY! *   RSI: 66 $109.12 $105.87 $151.00 $108.75
* LCOS LYCOS INC BUY! *   RSI: 72 $93.75 $90.75 $138.00 $92.12
NTLI NTL INCORPORATED BUY! *   RSI: 70 $121.62 $117.75 $172.00 $120.87
QWST QWEST COMMNCTNS BUY! *   RSI: 74 $44.25 $41.50 $53.00 $44.00
Internet   AMZN: $100 1/2  BVSN: $136 1/2  YHOO: $408 3/8 Buy Alerts  CPQ: $27 3/4  ESHR: $24 1/8  GO: $29 1/8

BEA SYSTEMS INC (BEAS-Nasdaq): Technical Viewpoint: From a low of $37 3/4 on Nov 30, 1999 prices rallied, reaching a high of $66 3/4 on Dec 6, 1999. A decline saw prices pull back, reaching a low of $53 1/2 on Dec 15, 1999. Another rally saw prices penetrate resistance, closing 12/21/99 at $67 5/8. Technicals: RSI Index (RSI): A Buy Alert! was given on Dec 21, 1999 when the solid line crossed the dotted line to the upside. Support: Remains at $59 1/2. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Dec 21, 1999. A P&F upside reversal takes place at $65.00. Summary: Technical indicators have turned bullish. BUY! BEA SYSTEMS INC (BEAS-Nasdaq) @ $68 1/8 Stop: Use a protective stop of $65 3/8. BEA SYSTEMS INC is currently trading @ $67 5/8 plus $5.63 on Dec 21, 1999. Price Objective: $84.00. Risk/Reward: $2 3/4 VS. $18 7/8. Today's Risk Reward Ratio: 7:1


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