* Today's Sector Analysis: "Electronics " Institutional Technical Viewpoint
Buy Alert! Lam Research   (LRCX): $11.38 Stop.  $9.88 P-Stop  $19.00 P-Objective
Dow Jones Ind: 8,322.40 plus 47.36 points Oct 18, 2002 * Price Objective: 9,300    Volume Two No. 1625
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
10/21/02
PRICE
OBJ
CLOSE
PRICE
AVP AVON PRODUCTS BUY! *   RSI: 60 $49.88 $47.88 $58.50 $49.79
BGEN BIOGEN INC BUY! *   RSI: 69 $37.13 $35.13 $49.00 $36.81
* CREE CREE INC BUY! *   RSI: 63 $15.38 $13.88 $27.00 $14.98
DELL DELL COMPUTER BUY! *   RSI: 67 $28.63 $26.63 $38.00 $28.45
EBAY EBAY INC BUY! *   RSI: 64 $60.38 $57.88 $79.00 $59.96
FRE FREDDIE MAC BUY! *   RSI: 60 $63.63 $61.13 $84.00 $63.41
LOW LOWE'S COMPANIES BUY! *   RSI: 60 $44.25 $42.25 $58.00 $44.15
* PHTN PHOTON DYNAMICS BUY! *   RSI: 66 $25.38 $23.38 $34.00 $24.27
Electronics   KLAC: $33.13  LLTC: $27.63  MXIM: $29.75 Buy Alerts  AMAT: $13.50  FON: $12.13  NXTL: $9.88

CLEAR CHANNEL COMM (CCU-Nasdaq): Technical Viewpoint: From a low of $32.50 on Sep 24, 2002 prices rallied, reaching a high of $37.95 on Sep 26, 2002. A decline saw prices pull back, reaching a low of $29.36 on Oct 10, 2002. Another rally saw prices penetrate resistance, closing 10/18/02 at $38.57. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 16, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $35.75. Resistance: Is at $38.95. Point & Figure: Reversed to the upside on Oct 18, 2002. A P&F upside reversal takes place at $35.00. Summary: Technical indicators have turned bullish. BUY! CLEAR CHANNEL COMM (CCU-Nasdaq) @ $38.75 Stop: Use a protective stop of $36.75. CLEAR CHANNEL COMM is currently trading @ $38.57 plus $2.00 on Oct 18, 2002. Price Objective: $51.00. Risk/Reward: $2.00 VS. $12.25. Today's Risk Reward Ratio: 6:1


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