ELCO INT'L (ELCO-Nasdaq): Technical Viewpoint: From a low of $11 3/4 on Dec 23, 1999 prices rallied, reaching a high of $50 1/2 on Dec 29, 1999. A decline saw prices pull back, reaching a low of $26.31 on Dec 30, 1999. Another rally saw prices penetrate resistance, closing 12/31/99 at $34.00. Technicals: Momentum Index (MTM): A Buy Alert! was given on Dec 28, 1999 when the solid line crossed the dotted line to the upside. Support: Remains at $27 1/4. Resistance: Is at $50 1/2. Point & Figure: Reversed to the upside on Dec 31, 1999. A P&F upside reversal takes place at $32 1/4. Summary: Technical indicators have turned bullish. BUY! ELCO INT'L (ELCO-Nasdaq) @ $35 1/8 Stop: Use a protective stop of $32 1/4. ELCO INT'L is currently trading @ $34.00 plus $5 1/8 on Dec 31, 1999. Price Objective: $68.00. Risk/Reward: $2 7/8 VS. $32 7/8. Today's Risk Reward Ratio: 11:1