VARIAN SEMICON (VSEA-Nasdaq): Technical Viewpoint: From a high of $24 5/8 on Dec 16, 1999 prices declined, reaching a low of $35.44 on Dec 23, 1999. A rally saw prices pull back, reaching a high of $30.31 on Jan 6, 2000. Another decline saw prices penetrate support, closing 1/28/00 at $50 3/4. Technicals: MACD-Histogram (MACD-H): A Sell Alert! was given on Nov 2, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $45 3/4. Resistance: Is at None at current levels. Point & Figure: Reversed to the downside on Jan 28, 2000. A P&F downside reversal takes place at $49.00. Summary: Technical indicators have turned bearish. SELL! Varian Semicon (VSEA-Nasdaq) @ $52 1/4 Stop: Use a protective stop of $49 3/8. Varian Semicon is currently trading @ $50 3/4 minus $7 3/4 on Jan 28, 2000. Price Objective: $66.00. Risk/Reward: $2 7/8 VS. $13 3/4. Today's Risk Reward Ratio: 5:1