BUY! NETWORKS ASSOCIATES INC (NETA) Nasdaq

  Report No. 907    Analysis by: Harry Aloof     NOVEMBER 4, 1999

NETWORKS ASSOCIATES INC (NETA-Nasdaq): Technical Viewpoint: From a low of $15.44 on Aug 27, 1999 prices rallied, reaching a high of $23.00 on Sep 23, 1999. A decline saw prices pull back, reaching a low of $16 1/4 on Oct 18, 1999. Another rally saw prices penetrate resistance, closing 11/3/99 at $19.55. Technicals: Momentum Index (MTM): A Buy Alert! was given on Oct 29, 1999 when the solid line crossed the dotted line to the upside. Support: Remains at $16 3/4. Resistance: Is at $20 7/8. Point & Figure: Reversed to the upside on Nov 3, 1999. A P&F upside reversal takes place at $17 1/4. Summary: Technical indicators have turned bullish. BUY! NETWORKS ASSOCIATES INC (NETA-Nasdaq) @ $19 3/4 Stop: Use a protective stop of $18 1/4. NETWORKS ASSOCIATES INC is currently trading @ $19.55 plus $1.11 on Nov 3, 1999. Price Objective: $30 3/4. Risk/Reward: $1 1/2 VS. $11.00. Today's Risk Reward Ratio: 7:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$30 3/4 Risk/Reward:
$1 1/2 VS. $11.00 Risk/Reward Ratio:
7:1
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