MYLAN LABORATORIES (MYL-NYSE): Technical Viewpoint: From a low of $28.59 on Jul 18, 2001 prices rallied, reaching a high of $34.05 on Jul 31, 2001. A decline saw prices pull back, reaching a low of $32.25 on Aug 3, 2001. Another rally saw prices penetrate resistance, closing 8/7/01 at $34.13. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 6, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $33.25. Resistance: Is at $35.94. Point & Figure: Reversed to the upside on Jul 1, 2001. A P&F upside reversal takes place at $32.50. Summary: Technical indicators have turned bullish. BUY! MYLAN LABORATORIES (MYL-NYSE) @ $34.38 Stop: Use a protective stop of $31.75. MYLAN LABORATORIES is currently trading @ $34.13 plus $.43 on Aug 7, 2001. Price Objective: $49.00. Risk/Reward: $2.62 VS. $14.62. Today's Risk Reward Ratio: 5:1