AVANEX CORP (AVNX-Nasdaq): Technical Viewpoint: From a low of $94.00 on Jul 6, 2000 prices rallied, reaching a high of $174 1/2 on Jul 18, 2000. A decline saw prices pull back, reaching a low of $102 7/8 on Jul 28, 2000. Another rally saw prices penetrate resistance, closing 8/14/00 at $141.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jun 20, 2000 when the Histogram crossed the "0" line to the upside. Support: Remains at $130.00. Resistance: Is at $155 1/2. Point & Figure: Reversed to the upside on Aug 14, 2000. A P&F upside reversal takes place at $128.00. Summary: Technical indicators have turned bullish. BUY! AVANEX CORP (AVNX-Nasdaq) @ $143 1/8 Stop: Use a protective stop of $139 7/8. AVANEX CORP is currently trading @ $141.94 plus $12.94 on Aug 14, 2000. Price Objective: $168.00. Risk/Reward: $3 1/4 VS. $24 7/8. Today's Risk Reward Ratio: 8:1