CLEAR CHANNEL COMMUN (CCU-NYSE): Technical Viewpoint: From a low of $44.23 on Nov 29, 2001 prices rallied, reaching a high of $50.88 on Dec 5, 2001. A decline saw prices pull back, reaching a low of $45.15 on Dec 14, 2001. Another rally saw prices penetrate resistance, closing 12/27/01 at $49.80. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Nov 13, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $48.70. Resistance: Is at $50.88. Point & Figure: Reversed to the upside on Dec 19, 2001. A P&F upside reversal takes place at $. Summary: Technical indicators have turned bullish. BUY! CLEAR CHANNEL COMMUN (CCU-NYSE) @ $50.13 Stop: Use a protective stop of $47.63. CLEAR CHANNEL COMMUN is currently trading @ $49.80 plus $0.80 on Dec 27, 2001. Price Objective: $60.00. Risk/Reward: $2.50 VS. $9.88. Today's Risk Reward Ratio: 7:1