AVID TECHNOLOGY INC (AVID-Nasdaq): Technical Viewpoint: From a low of $15.95 on Nov 7, 2002 prices rallied, reaching a high of $20.15 on Dec 2, 2002. A decline saw prices pull back, reaching a low of $18.24 on Dec 6, 2002. Another rally saw prices penetrate resistance, closing 12/17/02 at $21.36. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 18, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $19.00. Resistance: Is at $22.50. Point & Figure: Reversed to the upside on Dec 17, 2002. A P&F upside reversal takes place at $19.50. Summary: Technical indicators have turned bullish. BUY! AVID TECHNOLOGY INC (AVID-Nasdaq) @ $21.50 Stop: Use a protective stop of $20.13. AVID TECHNOLOGY INC is currently trading @ $21.36 plus $1.95 on Dec 17, 2002. Price Objective: $31.00. Risk/Reward: $1.38 VS. $9.50. Today's Risk Reward Ratio: 7:1