* Today's Sector Analysis: "Drugs " Institutional Technical Viewpoint
Buy Alert! Broadcom Corp  (BRCD): $32.13 Stop.  $30.13 P-Stop  $46.00 P-Objective
Dow Jones Ind: 9,344.16 minus 66.29 points * Trade w/caution & use stops Oct 15, 2001   Volume Two No. 1376
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
10/15/01
PRICE
OBJ
CLOSE
PRICE
HLIT HARMONIC INC BUY! *   RSI: 59 $12.13 $10.63 $18.75 $12.07
* IMMU IMMUNOMEDICS INC BUY! *   RSI: 68 $16.50 $15.13 $26.00 $16.30
* MEDX MEDAREX INC BUY! *   RSI: 60 $19.38 $17.88 $30.00 $19.04
MIR MIRANT CORP BUY! *   RSI: 60 $27.62 $25.62 $39.00 $27.54
MRVL MARVEL TECHNOLOGY BUY! *   RSI: 57 $23.13 $21.13 $37.00 $22.77
QLGC QLOGIC CORP BUY! *   RSI: 68 $37.13 $34.63 $48.00 $37.06
VRTS VERITAS SOFTWARE BUY! *   RSI: 58 $28.75 $26.75 $42.00 $28.18
WEBX WEBEX COMMUNICATIONS BUY! RSI: 66 $30.38 $28.38 $41.00 $29.86
Drugs   AFFX: $21.13  MRK: $68.38  SGP: $38.13 Buy Alerts  CMNT: $15.50  MUSE: $12.50  VISG: $14.50

BROCADE COMMUNICATIONS (BRCD-Nasdaq): Technical Viewpoint: From a low of $16.40 on Sep 19, 2001 prices rallied, reaching a high of $19.10 on Sep 25, 2001. A decline saw prices pull back, reaching a low of $12.63 on Oct 2, 2001. Another rally saw prices penetrate resistance, closing 10/12/01 at $25.36. Technicals: MACD Index (MACD): A Buy Alert! was given on Oct 3, 2001 when the solid line crossed the dotted line to the upside. Support: Remains at $18.00. Resistance: Is at $27.00. Point & Figure: Reversed to the upside on Oct 11, 2001. A P&F upside reversal takes place at $23.00. Summary: Technical indicators have turned bullish. BUY! BROCADE COMMUNICATIONS (BRCD-Nasdaq) @ $26.13 Stop: Use a protective stop of $24.13. BROCADE COMMUNICATIONS is currently trading @ $25.36 plus $2.63 on Oct 14, 2001. Price Objective: $40.00. Risk/Reward: $2.00 VS. $14.00. Today's Risk Reward Ratio: 7:1


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