NORTEL NETWORKS CORP (NT-NYSE): Technical Viewpoint: From a low of $40 7/8 on Jun 23, 1999 prices rallied, reaching a high of $47.06 on Jul 15, 1999. A decline saw prices pull back, reaching a low of $40 1/8 on Aug 5, 1999. Another rally saw prices penetrate resistance, closing 8/25/99 at $46.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Aug 23, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $41 3/4. Resistance: Is at $47 1/8. Point & Figure: Reversed to the upside on Aug 13, 1999. A P&F upside reversal takes place at $43 1/2. Summary: Technical indicators have turned bullish. BUY! NORTEL NETWORKS CORP (NT-NYSE) @ $46 1/8 Stop: Use a protective stop of $43 1/2. NORTEL NETWORKS CORP is currently trading @ $46.00 plus $2 1/2 on Aug 25, 1999. Price Objective: $55.00. Risk/Reward: $2 5/8 VS. $8 7/8. Today's Risk Reward Ratio: 3:1