METROMEDIA FIBER NETWORK (MFNX-Nasdaq): Technical Viewpoint: From a low of $29 5/8 on Oct 18, 1999 prices rallied, reaching a high of $45 1/4 on Dec 6, 1999. A decline saw prices pull back, reaching a low of $35 3/8 on Dec 29, 1999. Another rally saw prices penetrate resistance, closing 12/28/99 at $49.06. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 7, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $45.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Dec 28, 1999. A P&F upside reversal takes place at $46 1/2. Summary: Technical indicators have turned bullish. BUY! METROMEDIA FIBER NETWORK (MFNX-Nasdaq) @ $49 1/2 Stop: Use a protective stop of $46 3/4. METROMEDIA FIBER NETWORK is currently trading @ $49.06 plus $3.38 on Dec 28, 1999. Price Objective: $61 1/2. Risk/Reward: $2 3/4 VS. $12.00. Today's Risk Reward Ratio: 4:1