FIRST DATA CORP (FDC-NYSE): Technical Viewpoint: From a high of $38 7/8 on Apr 19, 1999 prices declined, reaching a low of $46 1/4 on Apr 22, 1999. A rally saw prices pull back, reaching a high of $41 1/2 on May 8, 1999. Another decline saw prices penetrate support, closing 6/1/99 at $47 5/8. Technicals: Demand Index (DI): A Sell Alert! was given on May 20, 1999 when the solid line crossed the dotted line to the upside. Support: Remains at $44 1/2. Resistance: Is at $50.00. Point & Figure: Reversed to the downside on May 20, 1999. A P&F downside reversal takes place at $45.00. Summary: Technical indicators have turned bearish. SELL! FIRST DATA CORP (FDC-NYSE) @ $47 3/4 Stop: Use a protective stop of $45 1/8. FIRST DATA CORP is currently trading @ $47 5/8 minus $2.69 on Jun 1, 1999. Price Objective: $60.00. Risk/Reward: $2 5/8 VS. $12 1/4. Today's Risk Reward Ratio: 4:1