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* Today's Sector Analysis: "Media  " Institutional Technical Viewpoint
Buy Alert!
Compaq Computer
(CPQ):
$29 1/8 Stop. $27 1/8 P-Stop $43.00 P-Objective
Dow Jones Ind: 11,405.76 plus 202.16 points Dec 23, 1999 * Price Objective: 13,200
Volume Two No. 942
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TICKER
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COMPANY NAME
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BUY!
SELL
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RSI INDEX
* OPTIONS
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ENTRY
PRICE
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STOPS
12/27/99
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PRICE
OBJ
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CLOSE
PRICE
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AA
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ALCOA INC
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BUY!
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* RSI: 71
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$79.50
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$76.50
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$91.00
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$79.12
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ATML
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ATMEL CORP
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BUY!
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* RSI: 71
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$30.75
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$28.75
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$41.00
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$30.38
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ICIX
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INTERMEDIA COMMUNICATIONS
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BUY!
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* RSI: 78
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$41.62
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$38.87
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$60.00
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$40.87
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INCX
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INFOCURE CORP
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BUY!
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* RSI: 87
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$33.62
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$31.38
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$54.00
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$32.94
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LWIN
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LEAP WIRELESS INT'L
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BUY!
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* RSI: 56
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$66.62
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$63.87
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$87.00
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$65.62
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MEDX
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MEDAREX INC
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BUY!
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* RSI: 82
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$30.25
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$28.62
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$47.00
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$28.50
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NOK
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NOKIA CORP ADS
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BUY!
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* RSI: 66
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$175.50
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$172.50
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$245.00
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$174.00
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NOVL
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NOVEL INC
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BUY!
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* RSI: 79
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$34.87
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$32.25
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$48.00
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$34.31
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Media
CCU: $91 5/8 CMCSK: $56 5/8 JOINA: $96 1/2
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Buy Alerts
A: $50 1/8 DRTN: $45 1/4 PFSW: $38 1/8
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HEWLETT-PACKARD
(HWP-NYSE):
Technical Viewpoint: From a low
of $67.00 on Oct 27, 1999 prices
rallied, reaching a
high of $112.81
on Dec 9, 1999. A
decline saw prices pull back, reaching a
low of
$99.06 on Dec 15, 1999.
Another rally saw prices penetrate
resistance, closing 12/23/99
at $112 5/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Nov 19, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $108.00. Resistance: Is at $114 5/8.
Point & Figure: Reversed to the upside on Dec 21, 1999. A P&F upside
reversal takes place at $108.00. Summary: Technical indicators have turned bullish. BUY! HEWLETT-PACKARD
(HWP-NYSE) @ $113 1/8 Stop: Use a protective stop of $109 7/8.
HEWLETT-PACKARD is currently trading @ $112 5/8 plus $5.699 on Dec 23, 1999. Price Objective:
$132.00. Risk/Reward: $3 1/4 VS. $18 7/8. Today's Risk Reward Ratio: 6:1
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DISCLAIMER: This report is not intended as an offering or a solicitation of an offer to buy or sell the securities and futures mentioned. While all information is derived from sources we deem reliable, we do not represent that it is accurate or complete. Such information and the opinions expressed are subject to change without notice. WALL STREET TRADER'S COLUMN™, its officers, stockholders, and employees and their families may have a long or short position in or may at any given time purchase or sell the securities or options relating thereto <
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