INTERNAT RECTIFIER CORP (IRF-NYSE): Technical Viewpoint: From a low of $26.00 on Jul 1, 2003 prices rallied, reaching a high of $30.50 on Jul 9, 2003. A decline saw prices pull back, reaching a low of $27.02 on Jul 30, 2003. Another rally saw prices penetrate resistance, closing 8/1/03 at $30.85. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Apr 28, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $27.25. Resistance: Is at $46.67. Point & Figure: Reversed to the upside on Aug 1, 2003. A P&F upside reversal takes place at $29.00. Summary: Technical indicators have turned bullish. BUY! INTERNAT RECTIFIER CORP (IRF-NYSE) @ $31.13 Stop: Use a protective stop of $29.13. INTERNAT RECTIFIER CORP is currently trading @ $30.85 plus $3.25 on Aug 1, 2003. Price Objective: $41.00. Risk/Reward: $2.00 VS. $9.88. Today's Risk Reward Ratio: 5:1