FOUNDRY NETWORKS (FDRY-Nasdaq): Technical Viewpoint: From a low of $14.26 on Jun 20, 2001 prices rallied, reaching a high of $20.14 on Jul 2, 2001. A decline saw prices pull back, reaching a low of $16.00 on Jul 11, 2001. Another rally saw prices penetrate resistance, closing 7/9/01 at $20.06. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 12, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $17.25. Resistance: Is at $20.95. Point & Figure: Reversed to the upside on Jul 19, 2001. A P&F upside reversal takes place at $18.50. Summary: Technical indicators have turned bullish. BUY! FOUNDRY NETWORKS (FDRY-Nasdaq) @ $20.12 Stop: Use a protective stop of $18.62. FOUNDRY NETWORKS is currently trading @ $20.06 plus $2.42 on Jul 19, 2001. Price Objective: $30.00. Risk/Reward: $1.50 VS. $9.88. Today's Risk Reward Ratio: 7:1