JOHNSON & JOHNSON (JNJ-NYSE): Technical Viewpoint: From a low of $66 1/8 on Mar 7, 2000 prices rallied, reaching a high of $82 1/4 on Mar 22, 2000. A decline saw prices pull back, reaching a low of $68 5/8 on Mar 27, 2000. Another rally saw prices penetrate resistance, closing 5/8/00 at $87 3/4. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Apr 17, 2000 when the Histogram crossed the "0" line to the upside. Support: Remains at $78.00. Resistance: Is at $90.19. Point & Figure: Reversed to the upside on Apr 17, 2000. A P&F upside reversal takes place at $84.00. Summary: Technical indicators have turned bullish. BUY! JOHNSON & JOHNSON (JNJ-NYSE) @ $87 7/8 Stop: Use a protective stop of $85 1/4. JOHNSON & JOHNSON is currently trading @ $87 3/4 plus $3 3/4 on May 8, 2000. Price Objective: $110.00. Risk/Reward: $2 5/8 VS. $22 1/8. Today's Risk Reward Ratio: 8:1