RAYTHEON COMPANY (RTN-NYSE): Technical Viewpoint: From a low of $25.24 on Mar 22, 2001 prices rallied, reaching a high of $32.95 on Apr 18, 2001. A decline saw prices pull back, reaching a low of $27.10 on May 4, 2001. Another rally saw prices penetrate resistance, closing 6/2/01 at $30.80. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jun 12, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $28.75. Resistance: Is at $32.95. Point & Figure: Reversed to the upside on May 30, 2001. A P&F upside reversal takes place at $29.00. Summary: Technical indicators have turned bullish. BUY! RAYTHEON COMPANY (RTN-NYSE) @ $31.12 Stop: Use a protective stop of $28.87. RAYTHEON COMPANY is currently trading @ $30.80 plus $1.11 on Jun 12, 2001. Price Objective: $44.00. Risk/Reward: $2.25 VS. $12.88. Today's Risk Reward Ratio: 6:1