VIRATA CORP (VRTA-Nasdaq): Technical Viewpoint: From a low of $28.57 on Apr 17, 2000 prices rallied, reaching a high of $54 3/4 on Apr 28, 2000. A decline saw prices pull back, reaching a low of $30 1/2 on May 24, 2000. Another rally saw prices penetrate resistance, closing 6/21/00 at $59 1/4. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jun 6, 2000 when the Histogram crossed the "0" line to the upside. Support: Remains at $42.00. Resistance: Is at $67 1/2. Point & Figure: Reversed to the upside on Jun 20, 2000. A P&F upside reversal takes place at $51.00. Summary: Technical indicators have turned bullish. BUY! VIRATA CORP (VRTA-Nasdaq) @ $60 3/8 Stop: Use a protective stop of $57 1/2. VIRATA CORP is currently trading @ $59 1/4 plus $9 1/4 on Jun 21, 2000. Price Objective: $72.00. Risk/Reward: $2 7/8 VS. $11 5/8. Today's Risk Reward Ratio: 4:1