NORTHROP GRUMMAN (NOC-NYSE): Technical Viewpoint: From a low of $42 5/8 on Mar 2, 2000 prices rallied, reaching a high of $55 5/8 on Mar 17, 2000. A decline saw prices pull back, reaching a low of $51.19 on Apr 3, 2000. Another rally saw prices penetrate resistance, closing 4/17/00 at $81 3/4. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Mar 15, 2000 when the Histogram crossed the "0" line to the upside. Support: Remains at $59.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Apr 4, 2000. A P&F upside reversal takes place at $60.00. Summary: Technical indicators have turned bullish. BUY! NORTHROP GRUMMAN (NOC-NYSE) @ $64 3/8 Stop: Use a protective stop of $61 1/2. NORTHROP GRUMMAN is currently trading @ $81 3/4 plus $4 3/8 on Apr 17, 2000. Price Objective: $79.00. Risk/Reward: $2 7/8 VS. $14 5/8. Today's Risk Reward Ratio: 5:1