NOVELL INC (NOVL-Nasdaq): Technical Viewpoint: From a low of $32.00 on Jan 21, 2000 prices rallied, reaching a high of $38 7/8 on Jan 10, 2000. A decline saw prices pull back, reaching a low of $32 1/2 on Jan 18, 2000. Another rally saw prices penetrate resistance, closing 1/20/00 at $36.44. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Nov 16, 2000 when the Histogram crossed the "0" line to the upside. Support: Remains at $32.00. Resistance: Is at $38 5/8. Point & Figure: Reversed to the upside on Jan 20, 2000. A P&F upside reversal takes place at $34 1/2. Summary: Technical indicators have turned bullish. BUY! NOVELL INC (NOVL-Nasdaq) @ $37 1/8 Stop: Use a protective stop of $34 1/2. NOVELL INC is currently trading @ $36.44 plus $2 1/2 on Jan 20, 2000. Price Objective: $53.00. Risk/Reward: $2 5/8 VS. $15 7/8. Today's Risk Reward Ratio: 6:1